Known as Hydrilla since September 2020 - see www.ausleisure.com.au/suppliers/hydrilla-pty-ltdread more
NRMA purchases Tasmania’s Freycinet Lodge and Cradle Mountain Hotel
NSW motoring organisation the NRMA has announced its acquisition of Freycinet Lodge and Cradle Mountain Hotel, along with Gordon River Cruises, from the Royal Automobile Club of Tasmania (RACT).
The $130 million purchase of the high-profile Tasmanian tourism properties, reflects the NRMA’s confidence in the market and adds the new acquisitions to the NRMA’s $800 million portfolio of tourism assets comprising a national network of holiday parks and a 46% stake in the Cairns-based Coral Expeditions cruise line.
According to a report in the Australian Financial Review, the acquisitions will become part of a new division, NRMA Expeditions, which will be led by NRMA Chief Investment Officer Rachel Wiseman.
Adelaide newspaper The Advertiser suggest that a significant portion of the NRMA’s investment will be devoted to the upgrade and renovation of Freycinet Lodge, Cradle Mountain Hotel and Strahan Village.
The deal positions the NRMA as one of Australia’s largest transport and tourism operators, with Wiseman understood to be looking at growing its investment in the tourism sector through acquisitions and partnerships.
Commenting on the acquisition, Wiseman stated “international travel will likely be a way off for Australians and we believe domestic tourism will play a critical role in driving Australia’s post-COVID economic recovery. Tasmania, with its unique natural assets and sophisticated food and cultural offerings, will be central to this.
“NRMA Expeditions will focus on delivering five-star experiences in natural environments and this is exactly what the RACT acquisition will deliver.”
Image: Freycinet Lodge, Freycinet National Park, Tasmania.
19th March 2021 - Australian tourism adds 58,000 jobs since June 2020
2nd February 2021 - Tasmanian Government helps tourism attractions with insurance contributions
7th January 2021 - Tasmanian Government helps fund return of events in 2021
21st November 2020 - Tasmanian Government commits $20 million for Port Arthur Historic Site
7th October 2020 - Tasmania receives funding for thermal efficient huts on overland tracks
26th July 2020 - New energy efficient hut opens on Cradle Mountain’s Overland Track
22nd June 2020 - Cradle Mountain visitor centre officially opens
13th August 2019 - Visitor amenities enhanced at Tasmania’s Freycinet National Park
14th September 2018 - NRMA continues tourism portfolio expansion with six new holiday parks
Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?
The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.
However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.
Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.
Subscriptions cost just $90 a year.
Click here to subscribe.
The Complete Guide to Leisure Industry Products & Services.
PathMinder Pty Ltd have partnered with AllUser Industries srl to bring Europe’s most advanced high security portals to the Australian and New Zealand markets. AllUser Industries started to…read more
Centaman has been a market leader in Enterprise Software Solutions for the leisure and recreation industry and both profit and not-for-profit attractions since 1991. It offers a wide range of software…read more
Aflex Inflatables are the leaders for obstacle courses, pool toys, waterparks and land-based watersides and fitness runs. They are industry leaders offering the widest range of pool, lake and beach…read more
Augmented Creative is an open organization of like-minded and highly dedicated, creative people who conceive, plan and execute visual solutions. We pursue new and innovative visual ideas to help…read more
Otium Planning Group is a contemporary sport and leisure consultancy providing services in planning, facility development, management and funding for the sport, recreation and leisure industries…read more
Intelligenz provides Leisure Management Software for managing all your Program Registrations, Facility Bookings, Membership Sales and POS Transactions; including detailed Reporting, automated…read more
PROVEN BUSINESS CONCEPTS WITH XBODY XBody’s goal is to see you and your EMS business succeed. That is why we don’t just sell equipment, we provide know-how, expert knowledge,…read more
get listed with our suppliers directory
Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!