Tourism funding in Rotorua exceeds $1 million in past 18 months

News
Wednesday, May 20, 2015

Rotorua MP Todd McClay says the total investment in Rotorua’s tourism industry over the past 18 months is now $1.29 million, after the announcement by the Prime Minister that $350,000 will be invested towards the development of a new five-star spa complex.

The facility will be built of the QE Health Site on the lake front and will provide a significant boost to the local economy.

Other funding includes $300,000 towards the Tarawera Ultramarathon held In Rotorua last year, $225,000 towards upgrades to the Skyline Gravity Park on Mt Ngongataha, and $420,000 towards the running of the international mountain biking event Crankworx.

The funding comes from the Tourism Growth Partnership fund,  a contestable fund for projects that seek to boost innovation and productivity in the tourism sector.

Once built, it’s estimated the spa and hotel will provide between $36 and $48 million in economic benefits to New Zealand, with a large chunk of that staying in Rotorua.

“The spa facility is the first stage of a multi-million dollar redevelopment of the 11 hectares of prime lakefront property close to the CBD that will transform the central city and will attract more visitors to Rotorua,” says Mr McClay.

“Tourism is very important to Rotorua and the country; it is our largest employer and is worth $500 million to our local economy each year.

“The investment of $1.29 million here over the past 18 months shows the Government understands the importance of the industry in this region,” says Mr McClay.