2 of New Zealand’s Largest Resorts on Brink of Bankruptcy After 3 Difficult Years Caused by Covid-19 and Low Snow Ruapehu Alpine Lifts Limited (RAL), the company that operates the Whakapapa and Tūroa skifields in the central North Island, New Zealand, has gone into voluntary administration. The company had no choice after a bailout request from the government was rejected. In a press release this morning, John Fisk and Richard Nacey of PwC, the appointed voluntary administrators, blamed a problematic […] Industry News Kiwi Brains | October 11, 2022 0 Comments
30-Year Old Ski Operator Ceases Trading, Unable to Survive Covid-19 and Travel Restrictions A British ski company that has been providing ski holidays to France and Austria for 30-years announced they had ceased trading with immediate effect, unable to survive the global pandemic affecting their business. “Despite the wonderful support of our guests, colleagues, and partners, we have been unable to navigate the extraordinary challenges of managing a winter ski operator through the […] Industry News SnowBrains | November 18, 2020 0 Comments
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