YHA NZ Expanding Despite Gloomy Predictions:
http://www.scoop.co.nz/stories/BU0811/S00249.htm
In a mark of confidence for the backpacking and budget travel sectors, YHA New Zealand has purchased five star Rotorua property Treks Backpackers from the Scapens family. The acquisition of the 187 bed facility enables YHA New Zealand to manage its own presence in Rotorua for the first time since 1999.
YHA’s purchase of Treks, together with the acquiring Action Downunder Backpackers in Taupo last year, represents a significant investment in central North Island tourism for the organisation.
Full article:
http://www.scoop.co.nz/stories/BU0811/S00249.htm
YHA NZ website:
http://www.yha.co.nz/
16 years
That's a good move for YHA, since Treks is probably the best of Rotorua's hostels and in my opinion it fits better with the image that YHA want in NZ. Their previous hostel always had consistently bad reviews (even though it was better than others in town).
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