Articles
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6 days ago |
nbr.co.nz | Brent Melville
Govt hits 'snooze' button on bed taxes There's little appetite for an additional tourism levy at central government level. Mass support for a bed tax was 'windowdressing', hoteliers say. Auckland hoteliers say Mayor Wayne Brown’s renewed appeal to government to sign off on a bed tax on the city’s accommodation providers is “window dressing” with little actual support.
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1 week ago |
nbr.co.nz | Brent Melville
Super Fund to divest its $600m hotel portfolio The $80 billion NZ Super Fund and co-investors Russell Group and Lockwood assembled the country's third largest hotel portfolio over the past five years. The Sofitel hotel and spa in Queenstown. NZ Hotel Holdings is shopping its $600 million hotel portfolio as its biggest shareholder, the New Zealand Superannuation Fund, looks to recycle capital.
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1 week ago |
nbr.co.nz | Brent Melville
Our turn to be ‘jealous of cheap Australia’ 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. Qantas has put on another route from Auckland to Perth, then onto Johannesburg. Australia is beating New Zealand’s tourism offering at almost every turn and NZ tourism will continue to lose market share over the coming years unless it ups its game, tourism insiders say.
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1 week ago |
nbr.co.nz | Brent Melville
Auckland International Airport (AIA) expects international arrivals to "plateau" at 90% of pre-pandemic levels, lagging well behind its peers in Australia, North America and even Fiji. All of those destinations had surged well past their 2019 numbers, with Fiji at 129% of its comparable traffic Want to read more? It's easy.
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1 week ago |
nbr.co.nz | Brent Melville
‘Self-inflicted’ global logistics disruption looms Local shipping movements could reflect ‘moving stuff around’ faster than it would otherwise be, to get ahead of some rule change on US tariffs, Nikko AM portfolio manager says. Spectre of shipping disruption on global trade wars. Kotahi Logistics on Friday said it was “closely monitoring” the impacts of the trade halt between China and the US and introduction of Chinese-built vessel fees.
Journalists covering the same region
Shannon Johnstone
Reporter and Multimedia Journalist, NZME. at Hawke's Bay New Zealand
Shannon Johnstone primarily covers news in Auckland and Wellington regions, New Zealand, along with surrounding areas.
Samantha Hayes
Anchor at Newshub
Samantha Hayes primarily covers news in the Taranaki region of New Zealand and surrounding areas.
Catherine Smith
Multimedia Journalist at OneRoof
Catherine Smith primarily covers news in Auckland, New Zealand and surrounding areas.
Rachel Maher
News Reporter at New Zealand Herald
Rachel Maher primarily covers news in Auckland, New Zealand and surrounding areas.
Tom Dillane
Deputy Head of News at New Zealand Herald
Tom Dillane primarily covers news in Auckland, New Zealand and surrounding areas.
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New Zealand’s only ‘more than 5-star’ hotel is on the market though founder Kevin Carlin and his team come as part of the deal. #hotel #queenstown https://t.co/1boRzNn2FT
Investors into Du Val Capital Partners’ mortgage fund don’t really know where to turn as it has shut off the interest tap ahead of a restructuring and questionable IPO. Eyes now must really be on the FMA to see how they react to a…https://t.co/f6jeHL88eU https://t.co/JkBgN9GWZk
Startling revelations from the Otago Regional Council that it is clipping a surcharge on Queenstown-Lakes ratepayers, of $600,000 a year, to cover off potential 'losses' of running a decent public transport system in Whakatipu. Mon…https://t.co/j4n7LNW96m https://t.co/t6N8u1FR5x