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Subsidiary Companies

Tourism New Zealand has two subsidiary companies:

Qualmark New Zealand (wholly owned), and the

Visitor Information Network Incorporated, trading

as i-SITE New Zealand. Legally Tourism New Zealand

owns the Visitor Information Network, however, each

of the 80 i-SITEs in New Zealand are individually

owned and operated. (The relationship agreement

between the owners and Tourism New Zealand meets

the criteria determined in NZ IAS 27 for consolidating

investments in subsidiaries.)

A member of Tourism New Zealand’s Executive Team

chairs the i-SITE Board and the i-SITE executive

comprises two Tourism New Zealand senior staff

members.

The Tourism New Zealand Board is provided with

financial information from each organisation at each

meeting, as well as commentary on performance and

significant issues.

Chris Sisarich

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