For Immediate Release
Wednesday, February 22, 2012
The Niagara Parks Commission announces
new boat tour service operator
New 30-year lease agreement brings investment in new fleet and facilities, maintains family-friendly prices, and generates additional revenue for Niagara Parks
NIAGARA FALLS – The Niagara Parks Commission (NPC) has awarded the land lease related to boat tour operations at the Niagara Falls Gorge to Hornblower Canada Company (Hornblower). The agreement provides better value-for-money for Ontarians and will bring new investment to the Niagara region.
The new agreement is estimated to generate in excess of $500 million in revenue to the NPC over the 30-year span of the contract – representing an increase of more than $300 million in revenue compared to previous agreements. This includes guaranteed minimum revenue of $67 million in the first five years. In order to realize their vision of operations in the Niagara Falls Gorge, investments will be made to upgrade passenger facilities and construct new tour boats. The new service is expected to commence in Spring 2014.
“This is a great day for The Niagara Parks Commission and a great day for the tourism industry in Niagara and across Ontario,” stated NPC Chair Janice Thomson. “It not only marks the beginning of a new era for all of us, but it continues to build on what Niagara and Niagara Parks is all about, building memories and creating experiences that will last a lifetime.”
To assist NPC through the procurement process, the Ontario Government engaged external expertise, including a naval architect and a procurement advisor. An independent and impartial Fairness Commissioner also observed, monitored and oversaw the competitive process. The Fairness Commissioner’s reports on the fairness of the process are available on the NPC website.
NPC is committed to a vision of Ontario’s Niagara Parks as one that Preserves a rich heritage, Conserves natural wonders, and Inspires people world-wide. Founded in 1885, The Niagara Parks Commission is an Operational Enterprise Agency of the Ministry of Tourism, Culture and Sport. Its mission is to protect the natural and cultural heritage along the Niagara River for the enjoyment of visitors while maintaining financial self-sufficiency.
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For more information, please contact:
Tony Baldinelli, Acting Director
Communications, Marketing and Stakeholder Relations
(905) 356-2241, ext. 220