News: Finance
Hawthorn President Jeff Kennett slams AFL’s international expansion plans
Jeff Kennett, the President of Hawthorn FC, has slammed the AFL’s moves to take the game to overseas markets, saying it is a “waste of time and money”. With the AFL looking to...
Mar 12, 2018
Sport /
Marketing /
Finance
Australian fitness industry revenues to grow to $2.4 billion by 2022/23
While warning that Australia’s gym market may reach saturation in the next five years, a new report from international market research company IBISWorld predicts that fitness...
Mar 12, 2018
Finance /
Wellness /
Fitness
New Chairman Peter Beattie commits to Australian Rugby League Commission reform
Newly appointed Australian Rugby League Commission (ARLC) Chairman Peter Beattie says he will again push for constitutional reform within a year, after three clubs voted against...
Mar 12, 2018
Sport /
Finance
European investors buy A-League's Adelaide United
Adelaide United have confirmed an immediate change of ownership with a reported group of European-based investors believed to have purchased the club for $12 million. Football...
Mar 6, 2018
Sport /
Finance
Sports strategy successes to be explored at 2018 Business of Sport Summit
Dealing with key issues in the fast changing sport environment, the 2018 Business of Sport Summit (BOSS) will next week be delivering an ambitious, business-focussed sports...
Mar 6, 2018
Sport /
Finance /
Recreation /
Venues
Lions tour helps deliver 2017 profit for New Zealand Rugby
New Zealand Rugby returned to profit in 2017 following a financially successful 10-match tour by the British and Irish Lions, which added $40 million to its bottom line. With...
Mar 3, 2018
Sport /
Finance
Live Nation registers record revenues through 2017
Global entertainment giant Live Nation has reported another record year in 2017, with revenue up 24% to US$10.3 billion. According to financial results for the quarter and full...
Mar 1, 2018
Sport /
Finance /
Venues /
Entertainment /
Ticketing
Hong Kong’s Ocean Park to get HK$310 million Government bail out
The Hong Kong Government is to inject HK$310 million (US$39.6 million) into the loss making Ocean Park theme park in an initiative that will include paying for 10,000 free...
Feb 28, 2018
Tourism /
Finance /
Attractions /
Government
Mounting losses see departure of SeaWorld Entertainment Chief Executive
Coinciding with an announcement that its net losses exceeded US$200 million in 2017, SeaWorld Entertainment Chief Execuitve Joel Manby has stepped down from the position The...
Feb 28, 2018
Tourism /
Finance /
Attractions /
Environment
PGAV Destinations report explains growing importance of events and temporary attractions
Global leader in the planning and design of unique destinations, PGAV Destinations has released a new ‘Destinology’ report exploring competition between attractions and...
Feb 27, 2018
Events /
Tourism /
Finance /
Attractions /
Entertainment
Ardent Leisure cuts losses, announces new Main Event Chief Executive
Ardent Leisure, the owner of Kingpin Bowling, Dreamworld and WhiteWater World along with the US-based Main Event entertainment business has announced a first-half financial year...
Feb 26, 2018
Tourism /
Finance /
Attractions /
Entertainment /
Waterparks
Gemba launches Turnstile platform for accurate sports sponsorships valuation
Leading sport and entertainment consultancy Gemba has unveiled a ground-breaking new platform called Turnstile, which aims to revolutionise the approach to valuing sponsorships...
Feb 26, 2018
Events /
Sport /
Marketing /
Finance
Summit to consider fan engagement and stadium development strategies
Being held next week, the second Annual Stadiums and Arena Asia Summit is set to see the delivery of key presentations on contemporary venue management issues, including stadium...
Feb 22, 2018
Sport /
Design /
Finance /
Venues
A-League clubs warn of competition collapse
A-League clubs have warned delegates representing world football governing body FIFA that elite football in Australia is at risk of an "impending catastrophic collapse" unless...
Feb 21, 2018
Sport /
Marketing /
Finance
Regional Tourism New Zealand calls for councils to back tourism
New Zealand’s regional tourism organisations are calling for local government to start thinking long term about tourism. Councils around the country are currently working on...
Feb 19, 2018
Tourism /
Finance /
Recreation
Attendances rise but losses double at Hong Kong Disneyland in 2017
Hong Kong Disneyland has reported mixed results for 2017, with attendances rising to 6.2 million in 2017, up 3% from the previous year, and earnings increasing 28% to HK$914...
Feb 19, 2018
Tourism /
Finance /
Attractions /
Entertainment
Village Roadshow reveals ‘incredibly disappointing’ results for Wet'n'Wild Sydney
While Village Roadshow’s newly released results have shown steady improvement in the performance of their Gold Coast theme parks, results at Wet'n'Wild Sydney have been...
Feb 17, 2018
Tourism /
Finance /
Attractions /
Waterparks
Transaction Services Group announces Head of People and Culture
Leading global revenue management services provider Transaction Services Group (TSG), owner of Debitsuccess and PaySmart, has announced the appointment of Lucia Cyril as Head of...
Feb 15, 2018
Finance /
Recreation /
Fitness
Auburn rugby league club set to close after failed sponsorship deal
The Auburn Warriors rugby league club is set to fold after an alleged sponsorship deal with controversial Sydney businessman and former Auburn City Council Deputy Mayor Salim...
Feb 15, 2018
Sport /
Marketing /
Legal /
Finance
Amer Sports enjoys eighth consecutive year of growth
International sporting goods company Amer Sports, the owner of global brands including Salomon, Precor, Wilson, Atomic, Arc'teryx, Mavic and Suunto, has announced an eighth...
Feb 15, 2018
Sport /
Finance /
Recreation /
Retail /
Fitness
Skills Active shine light on partnership and innovation
Industry training organisation, Skills Active Aotearoa, has launched a range of useful resources and innovative tools to meet the needs of the sport, recreation and performing...
Feb 13, 2018
Education /
Finance /
Recreation /
Arts
Kokoda Track blocked in landowner protest
Landowners on part of the Kokoda Track say they will stop tourists from undertaking the famous walk in a dispute with the Papua New Guinea Government. The landowners want the...
Feb 6, 2018
Tourism /
Finance /
Environment
Ardent Leisure reports slower than expected growth in Dreamworld visitation
Revealing the birth of two new Tiger cubs today at Dreamworld’s Tiger Island today, parent company Ardent Leisure has also revealed a significant rise in attendance at the Gold...
Feb 1, 2018
Tourism /
Finance /
Attractions /
Environment
Wanderlust Taupō yoga festival cancelled after organiser’s liquidation
The US-based owner of the Wanderlust yoga event brand has cancelled its planned Taupō festival after its Australasian organiser went into liquidation earlier this month. Sean...
Jan 28, 2018
Events /
Finance /
Wellness