Sydney company Rezdy has raised a further $3m to fuel growth in North America, opening a second US office in Raleigh, North Carolina. The company said: “This was an interim round to fund acceleration in the international growth of Rezdy ahead of a larger equity round later next year.” Grand Prix Capital, which first invested […]
Tag: Sydney
BridgeClimb brand to continue under new owners
The BridgeClimb brand will live on under new owners Hammons Holdings who won recently won commercial climbing and tourism rights for the Sydney Harbour Bridge. BridgeClimb is the incumbent company and its contract expires at the end of September. In mid-August Hammons Holding bought BridgeClimb’s assets and today confirmed the iconic brand would continue, appointing Scenic […]
All hail Captain Cook: New disruptive ferry service for Sydney
Captain Cook Cruises has launched AHOY, Australia’s first ‘ferry hailing’ app. The first on-demand route started yesterday and covers Elizabeth Bay to Garden Island and Circular Quay in Sydney for a cost of $7.50, much cheaper than a cab, Uber or water taxi. “Like popular ride sharing services, AHOY allows customers to locate their ferry, […]
Sydney Airport to raise $2bn as business struggles with COVID
Sydney Airport is raising $2 billion to pay down debt and increase liquidity during the toughest period in its history. The company revealed that passenger numbers during the second quarter were down 96.6% over the previous corresponding period, contributing to a $53.5 million loss for the half year to June 30. Total passenger numbers for […]
Paul Fischmann, Founder and CEO, 8Hotels Collection
Paul Fischmann is the Founder and CEO of 8Hotels Collection, Australia’s leading Boutique Hotel Operators. In 2004, Fischmann formed the company with the intention of developing and operating boutique hotels in prime locations that focused on value, service, design and charm. Just eight years later he has turned a business that began with three Sydney […]
Schwartz flies high, invests in Sydney Seaplanes
Just six weeks after Sydney pub baron Justin Hemmes was quoted as a potential buyer of Sydney Seaplanes, hotel mogul Dr Jerry Schwartz has swooped and invested in the business. As part of the investment, Schwartz, an aviation buff, will add two amphibious aircraft he owns to the Sydney Seaplanes fleet, increasing it to six […]