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More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more The tours, activities, and experiences sector has been an unheralded bright spot for acquisitions in the travel industry. The deals were less interesting for their size than for what they symbolized. The companies didn’t disclose terms at a time when the pandemic had slashed valuations. Yet the transactions still suggested a revival in momentum for applying modern selling and business techniques to the fragmented tours-and-activities sector. The deals reflect the scorch marks of the pandemic. Travel attracted only $4.1 billion of venture capital in 2020, down 55 percent from 2019 the lowest level in nearly a decade, said Skift Research. ....
Picture Tayler Burke Rowan Shepherd has won the 2021 Best Bars Toyota 86 Championship after a mesmerising final race at the Bruce McLaren Motorsport Park, Taupo. Shepherd needed to finish second behind race winner Simon Evans and did exactly that, despite Evans trying everything he could to force attacks from third placed Brock Gilchrist and fourth placed Ronan Murphy to try and push Shepherd back to where he wouldn’t have enough points to beat Evans to the title. Shepherd however, held on in style and took the title by just five points - his tally of 973 trumping Evans 968 after 15 hugely competitive races. ....
Picture Tayler Burke Two on-track penalties totalling ten seconds were enough to relegate a dominant Matthew Payne from first to second in Race 3 on Sunday morning at Manfeild Circuit Chris Amon – the penultimate one in this year’s COVID-shortened championship. It meant Billy Frazer, who finished second on the road, inherited the win. It was his first in this year’s Castrol Toyota Racing Series. Payne - who had record pace in qualifying when setting his best laps - pulled up to the start out of his grid box and incurred the penalty immediately, meaning the first part of his race ....
Shane Van Gisbergen delivered the greatest performance in New Zealand Grand Prix history. Picture Tayler Burke In extraordinary times, an extraordinary driver produced an extraordinary drive to win the 66th New Zealand Grand Prix and put his name alongside the sport’s greatest drivers. Shane van Gisbergen left a sell-out crowd at Hampton Downs breathless after producing an historic performance that re-wrote the Castrol Toyota Racing Series and Grand Prix records. After setting the fire extinguisher off in his car before the start, Shane missed the pit lane window to exit and was forced to start from the pit lane after his team completed a hasty cleaning out of his car, his overalls, his boots and a replacement fire extinguisher. ....