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24 Aug 2019 6:25
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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.

    © 2019 Newstalk ZB, NZCity


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