New owners for hotel
PA Auckland The Cook Islands Government has taken a 60 per cent interest in the Rarotongan hotel, with four other companies each taking a 10 per cent shareholding. They are United Travel Services, Ltd, Scholes Oakley Travel, Ltd, and South Pacific Travel Holdings, Ltd (all New Zealand companies) and Islands in the Sun, Ltd, which is based in California.
The changeover in ownership came after the New Zealand Government and Air New Zealand pulled out, saying the hotel was uneconomic. Mr Barry Fenton, managing director of United Travel Services, said the new company would soon offer package deals giving New Zealanders the lowest price eight-day overseas holiday available.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19820412.2.22
Bibliographic details
Press, 12 April 1982, Page 2
Word Count
112New owners for hotel Press, 12 April 1982, Page 2
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in