November 06, 2012
Waiotapu gives Te Arawa stake in tourist industry
Te Arawa’s treaty settlement organisation has made a commitment to the industry that has been a major part of the tribe’s life for more than a century.
Te Arawa Group Holdings has bought Waiotapu Geothermal Wonderland, the home of the Champagne Pool, the Lady Knox Geyser, bubbling mud and naturally coloured hot and cold pools.
Chief executive Roger Pikia says despite Maori being an important part of the Rotorua visitor experience, most tourism businesses in the region were owned by non-Māori.
"It's particularly pleasing for all Te Arawa to know that we've made a significant entry into the tourism sector by owning a business in our own right and a business that's a very high performer and one of the top attraction businesses in Rotorua. We hope it will continue to perform in the same manner that it has done historically," he says.
Te Arawa Group Holdings also owns forestry and agricultural businesses.
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