2 BAY OF PLENTY BUSINESS NEWS <strong>January</strong> <strong>2021</strong> Your business’ network is important So we invested $1 billion into ours Sound fair? Call Shawn for a chat on 022 200 0141 FOR KIWI BUSINESS
<strong>January</strong> <strong>2021</strong> BAY OF PLENTY BUSINESS NEWS 3 New tourist options driven by domestic visitors Rotorua Adventure Park Velocity Valley has decided to go ahead and launch its latest adrenaline-pumping ride in December, said sales and marketing manager Debbie Guptill. By DAVID PORTER Given the challenges <strong>of</strong> 2020, introducing a new ride was not something Velocity Valley had expected to do this year, said Guptill. However, the support Velocity Valley had received from domestic travellers meant the time was right to introduce the new ride before summer, she said. “Thankfully, with 70 percent <strong>of</strong> our normal patronage being domestic visitors, we have managed to buck the trend and mostly keep at that same level <strong>of</strong> customers following the lockdowns,” said Guptill. Velocity Valley (formerly Agroventures Adventure Park) <strong>of</strong>fers a number <strong>of</strong> adventure rides suitable for all ages and comfort levels. Launched in December the new ride, V-Force reverse bungy, was set to push visitors’ limits, she said. “The V-Force will see people launched 45 m straight into the air attached to bungy cords at speeds <strong>of</strong> up to 80km per The V-Force will see people launched 45 m straight into the air attached to bungy cords at speeds <strong>of</strong> up to 80km per hour.” – Debbie Guptill hour,” said Guptill. “V-Force <strong>of</strong>fers our customers even more selection when it comes to choosing rides at the park – whether they’re after something mild or wild on terra firma or above it,” she said. In addition to the V-Force, the park’s Freefall Xtreme has also been upgraded with a giant 4.8m high transparent indoor cylinder, providing flyers with both an indoor and outdoor flying experience. Pushing visitors’ limits at Velocity Valley. Photo/Adrian Hodge Photography. Powered by a 1,000 horsepower, Detroit V16, twin turbo-charged engine, Freefall Xtreme provides the thrill <strong>of</strong> skydiving but without the parachute or jumping out <strong>of</strong> a perfectly good plane. Debbie says the latest ride and the upgrade are perfectly timed for their summer holiday season, which they are expecting will be busy. “It’s been amazing to see Kiwis enjoying their own backyard, and we’re thankful for the support we have received – we hope our customers will love the new V-Force.” Velocity Valley is one <strong>of</strong> many <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> operators that we plan to cover in the coming year who have segued into providing new products for the domestic market. Is now a good time to sell? Yes! The demand for businesses to buy is still strong. What the last couple <strong>of</strong> months has told us is that a few months <strong>of</strong> bad trading is unlikely to affect your sale price. LINK <strong>of</strong>fer no-obligation business appraisals to understand how your business would present to the market and what may be required to prepare your business for sale. If selling your business is on the radar now or in the coming year, call us today for a condential chat. 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