THL

Australian PE firms Next Capital and H&G are being lined up in a deal, which will see Jucy Rentals re-enter the motorhome market.

Tourism Holdings Limited’s long-serving director and chair, Rob Campbell, has resigned from the board.

The operator has engaged KPMG to gauge interest in the business.

NZ’s competition watchdog says it still has concerns, following on from Australian misgivings released Thursday.

The Australian watchdog’s concerns come on the eve of a decision on the deal from the Commerce Commission.

The Commerce Commission has pushed out its decision on Tourism Holdings’ proposed acquisition of Apollo Tourism & Leisure to 28 April 2022.

The Australian Competition and Consumer Commission has delayed its decision regarding the proposed merger between Tourism Holdings Limited and Apollo Tourism & Leisure.

The Commerce Commission has cleared Australia’s Camplify to acquire Tourism Holdings Limited’s peer-to-peer motorhome and campervan rental platforms, Mighway and SHAREaCAMPER.

Tourism Holdings Limited has sold its Roadpass digital shareholding for approximately NZ$23.9m to joint venture partner THOR Industries.

The competition regulator says other campervan and motorhome rental operators will be a “weak constraint” on the proposed merged entity.

The operator’s chief commercial and customer officer beat three other top contenders to the prestigious accolade on Wednesday evening.

The Commerce Commission has delayed its decision on Tourism Holdings’ proposed acquistion of Apollo Tourism & Leisure to 14 April 2022.

The ending of STAPP support for the glowworm experiences has seen revenue dry up.

The operator says revenue for the six months to December 2021 fell to $175m.

The Commerce Commission has opened public submissions on the proposed acquisition of THL’s Mighway and SHAREaCamper by Camplify.

Tourism Holdings Limited is arguing in its application to the Commerce Commission to acquire a rival motorhome and campervan rental services company that the deal should proceed due to over-capacity in the market, low barriers to entry and differences in products the two companies offer.

ASX-listed Camplify has applied to the Commerce Commission for permission to acquire Tourism Holdings’ peer-to-peer motorhome and campervan rental platforms, Mighway and SHAREaCAMPER.

Tourism Holdings’ subsidiary THL Group (Australia) Pty Ltd has sought clearance from the Commerce Commission to acquire 100% of the shares in Apollo Tourism & Leisure Ltd.

The proposed deal will see Apollo become a wholly-owned subsidiary of Tourism Holdings.

Tourism Holdings’ Get Moving to Get NZ Moving campaign has been recognised at the 2021 TVNZ-NZ Marketing Awards.

Tourism Holdings’ sale of peer-to-peer campervan rental businesses Mighway and SHAREaCAMPER to Australia’s Camplify Holdings is now conditional on obtaining any competition approvals required.

Tourism Holdings is selling its peer-to-peer campervan rental businesses Mighway and SHAREaCAMPER to Australia’s Camplify Holdings.

Tourism Holdings Limited reiterated that it expects to make another net loss after tax for the current year to June, but sees the period as having two distinct halves.

Tourism Holdings has appointed Nick Voss to be its acting deputy chief financial officer while Steven Hall takes 12 months parental leave.

Tourism Holdings says it regularly considers being dual listed on both the NZX and ASX and continues to mull joining the Australian bourse.

Retail and events are two areas of opportunity Tourism Holdings is exploring.

The group’s New Zealand tourism business has tipped into the red making a $600k loss.

Tourism Holdings Limited now expects a net debt of $50m at end-June, versus up to $90m seen earlier.

Stong RV sales in the US is bringing in revenue but rental demand is slow due to the lack of visitors.

Tourism Holdings and TOP 10 Holiday Parks are supporting Canterbury cricket umpire Eugene Sanders’ 1,400km charity e-scooter trip of the Tour Aotearoa Trail.

THL’s CEO Grant Webster says the STAPP is doing exactly what it intended – protecting jobs that were marginal and at risk.

The operator’s NZ tourism group saw revenue dive to $2.6m for the six months to December 2020.

Tourism Holdings’ chief executive Grant Webster says a court ruling about holiday pay won’t have a material impact on the company but some companies may need to review processes.

In a first for NZ, one of the country’s leading tenors will perform in a Discover Waitomo glowworm cave.

Motorhome rental rates in New Zealand needed to be halved over winter to generate demand in a domestic-only market, says Tourism Holdings.

But FY20 profit and revenue are down and Govt support is helping to keep its Waitomo business open.

The company says its underlying net profit for the period will be about $20m.

Despite the fire, the company has launched a campaign to sell 1000 additional motorhomes, valued at over $70m.

About 70 firefighters and 20 fire trucks were at the scene of a fire at a Tourism Holdings campervan worskhop in south Auckland this morning.

Eliminating the role of chief operating officer at Tourism Holdings is primarily about focus and costs, chief executive Grant Webster says.

Domestic business was often clustered around school holidays and local bookings were 60% shorter in duration than international bookings.

Tourism Holdings will invest $500,000 in FY20 to implement the Future-Fit Business Benchmark initiative, as it looks to offset the environmental impact of its RV fleet.

In a sometimes testy AGM, CEO Grant Webster stakes his job on the operator hitting its $50m NPAT target.

Tourism Holdings has advised its 2019 Annual Meeting will now take place Thursday 31 October 2019, at 2pm.

One year after launch, thl’s global digital RV platform, TH2, has a new CEO.

Tourism Holdings’ CEO says he wants to ensure KiwiEx and Black Water Rafting are sold to the “right people”.

The operator has been bounced into revealing sale talks are underway after fearing a breach of confidentiality.

Tourism Holdings’ motorhome manufacturing business has been given approval by the Overseas Investment Office to expand its Hamilton operations.

It’s no longer “simply a NZ story” but that doesn’t mean it will be taking its eye off its home market, says CEO Grant Webster.

The operator has delivered record results with underlying NPAT up 24% to $37.5m.