NZ Experience profit falls as visitor numbers drop
New Zealand Experience, operator of Rainbow's End theme park, has reported a $572,000 profit in the six months to December 31, down 3% on last year.The company is not paying an interim dividend.Visitor numbers fell 500 to 144,000, but revenue per customer
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New Zealand Experience, operator of Rainbow's End theme park, has reported a $572,000 profit in the six months to December 31, down 3% on last year.
The company is not paying an interim dividend.
Visitor numbers fell 500 to 144,000, but revenue per customer improved so that total revenue increased 2% to $4.8 million.
A reduction in visits from corporate customers in the lead up to Christmas was offset somewhat by the successful opening of the new Invader ride on December 10.
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