The Kiwi tourism startup’s already had 25,000 downloads after launching in Australia.
ACC buys up $6.7 million worth of Tourism Holdings shares, after previously selling down.
Company is also looking at certain ‘impairments’, the most notable of which is related to goodwill associated with its US business.
Luxury travel is on the up across Australia and New Zealand, but most of NZ’s most sought after locations reside in foreign hands, according to latest research.
Tourism operator absorbed impairments of $22m from its South Korean Tongyeong and Christchurch casino operations.
Business Events Industry Aotearoa's trade show kicked off at Eden Park last night with a light and laser show, and a funding announcement.
There’s little appetite for an additional tourism levy at central government level.
Tourism Holdings and SkyCity say New Zealand is losing tourism ground to Australia, which is ‘as cheap as it’s ever been’ in relative terms.
Chinese tourist numbers remain down 44%, with a direct loss of $1.23 billion to NZ tourism coffers.
Removing ‘overly cautious’ pharmaceutical advertising prohibitions could be a $30m annual shot in the arm as the Auckland convention centre comes on stream, business events sector says.