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24 Dec 2025 0:25
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      Home > News > Business

    There are hopes a multi-million dollar Super Fund investment, will help the tourism industry fill demand for visitor beds

    There are hopes a multi-million dollar Super Fund investment, will help the tourism industry fill demand for visitor beds


    It's putting 300-million dollars into a hotel portfolio which so far includes two properties in Auckland and one in Christchurch.

    Tourism Industry Aotearoa CEO Chris Roberts says New Zealand needs more than four and a half thousand extra beds by 2025.

    He says the industry's not yet meeting the forecast demand, so the Super Fund's investment will go some way to close that gap.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    		 International:
    Anthony Albanese and Sussan Ley release Christmas messages in wake of Bondi attack 22:17

     Politics:
    Helping to vote through a new India trade deal could be in Labour's best interests in an election year 21:57

     Entertainment:
    Rebel Wilson finds being a working mom "really, really tricky" 21:50

     Entertainment:
    Nicole Scherzinger wants to lounge around like "a potato" over the festive period 21:20

     Accident and Emergency:
    A section of State Highway 50 - near the fire in Hasting's Fernhill - will remain closed overnight 21:17

     Entertainment:
    Amanda Seyfried hopes her 40s will be "healthier" 20:50

     Entertainment:
    Kerry Katona and her boyfriend are planning to donate toys over the festive season 20:20

     Entertainment:
    Ray Romano is returning for a second Everybody Loves Raymond reunion special 19:50

     Entertainment:
    Kelsey Grammer is still hopeful Frasier will return 19:20

     Law and Order:
    Suzuki's announced a voluntary safety recall for its VIN range 2025 FRONX Hybrid car - which was found to have a potentially life-threatening rear seatbelt fault 18:57

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