Acquisition of holiday park operator Australian Tourist Park Management boosts portfolio to 34 properties.
NRMA Travel & Touring has announced the acquisition of Australian Tourist Park Management (ATPM), with the deal said to expand the motoring organisation’s “already considerable investment portfolio in Australian tourism and travel”.
NRMA already owns Travelodge Hotels, Canberra’s Kurrajong Hotel and Thrifty Car Rental, along with four existing holiday parks at the Gold Coast, Darlington Beach, Merimbula and Umina. ATPM currently manages other well-known parks and resorts for Western Australia’s RACWA including Monkey Mia Dolphin Resort and Ningaloo Reef Resort, along with a number of other properties in NSW.
“With a successful acquisition, the NRMA’s portfolio of parks under ownership and management will increase to 34 across Australia, enabling the NRMA to offer high-quality management services alongside an increased national footprint of owned parks,” according to NRMA executive general manager of travel & touring, Paul Davies.
“Supporting sustainable regional communities and growing domestic tourism are two important aspects of the NRMA’s new strategy, and it is this vision that is driving NRMA’s acquisition of ATPM,” he said.
More details in tomorrow’s issue of Travel Daily.