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Saturday 20 April 2024
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THL

ComCom pushes out THL’s Apollo acquisition decision 2nd March 2022 /

ComCom pushes out THL’s Apollo acquisition decision

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


THL’s Waitomo losses balloon 387% 25th February 2022 /

THL’s Waitomo losses balloon 387%

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


THL expects interim loss of $4.4m after revenue falls 15% 22nd February 2022 /

THL expects interim loss of $4.4m after revenue falls 15%

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


ComCom seeks feedback on Camplify acquisition of Mighway, SHAREaCamper 4th February 2022 /

ComCom seeks feedback on Camplify acquisition of Mighway, SHAREaCamper

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


THL cites capacity gluts, low barriers to entry in Apollo filing 31st January 2022

THL cites capacity gluts, low barriers to entry in Apollo filing

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.


Camplify seeks ComCom clearance to buy THL businesses 17th January 2022 /

Camplify seeks ComCom clearance to buy THL businesses

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 seeks ComCom clearance to acquire Apollo 14th December 2021 /

Tourism Holdings seeks ComCom clearance to acquire Apollo

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.


Tourism Holdings to acquire rival Apollo in $144m all-share deal 10th December 2021 /

Tourism Holdings to acquire rival Apollo in $144m all-share deal

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


Tourism Holdings campaign wins marketing award 6th December 2021 /

Tourism Holdings campaign wins marketing award

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


Camplify seeks ComCom approval to buy THL’s P2P ventures 22nd November 2021

Camplify seeks ComCom approval to buy THL’s P2P ventures

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 sells P2P RV ventures to Camplify 26th October 2021 /

Tourism Holdings sells P2P RV ventures to Camplify

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


Tourism Holdings expects FY22 loss, but environment improving 22nd October 2021

Tourism Holdings expects FY22 loss, but environment improving

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 appoints deputy CFO to cover leave 19th October 2021 /

Tourism Holdings appoints deputy CFO to cover leave

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


Tourism Holdings: No decision on ASX listing 21st September 2021 /

Tourism Holdings: No decision on ASX listing

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


Webster hopeful of new business areas in THL’s journey back to profitability 27th August 2021

Webster hopeful of new business areas in THL’s journey back to profitability

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


Tourism Holdings posts $14.5m loss, sells record number of vehicles 26th August 2021

Tourism Holdings posts $14.5m loss, sells record number of vehicles

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


THL upgrades guidance for FY21 25th June 2021

THL upgrades guidance for FY21

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


THL guides FY21 loss of up to $18m 23rd April 2021 /

THL guides FY21 loss of up to $18m

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


THL, TOP 10 support 1,400km charity e-scooter journey 10th March 2021 /

THL, TOP 10 support 1,400km charity e-scooter journey

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.


STAPP doing exactly what intended: protecting jobs – THL’s Webster 1st March 2021 /

STAPP doing exactly what intended: protecting jobs – THL’s Webster

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


Surging motorhome sales help THL slash debt by $106m 26th February 2021

Surging motorhome sales help THL slash debt by $106m

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


Tourism Holdings sanguine about holiday pay ruling 3rd February 2021 /

Tourism Holdings sanguine about holiday pay ruling

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.


Opera in the cave – new experience launches at Waitomo 11th December 2020 /

Opera in the cave – new experience launches at Waitomo

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


RV rates cut 50% to generate demand – Tourism Holdings 2nd November 2020 /

RV rates cut 50% to generate demand – Tourism Holdings

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


THL lauds ‘admirable achievement’ in profit despite Covid 18th September 2020 /

THL lauds ‘admirable achievement’ in profit despite Covid

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


Tourism Holdings guides better-than-expected FY20 profit 15th September 2020 /

Tourism Holdings guides better-than-expected FY20 profit

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


THL sets up pop-up branch, launches new promotion 7th September 2020 /

THL sets up pop-up branch, launches new promotion

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


Blaze hits Tourism Holdings site, motorhomes damaged 3rd September 2020 /

Blaze hits Tourism Holdings site, motorhomes damaged

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.


Why Tourism Holdings has ditched its COO role 19th August 2020 /

Why Tourism Holdings has ditched its COO role

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


Tourism Holdings on the problem with the domestic market 3rd August 2020 /

Tourism Holdings on the problem with the domestic market

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


Tourism Holdings to invest $500k in environmental initiative 4th November 2019 /

Tourism Holdings to invest $500k in environmental initiative

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.


THL to shareholders: We are not apologetic 1st November 2019 /

THL to shareholders: We are not apologetic

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


Tourism Holdings confirms new AGM details 30th October 2019 /

Tourism Holdings confirms new AGM details

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


US industry veteran to lead Tourism Holdings’ TH2 1st February 2019 / /

US industry veteran to lead Tourism Holdings’ TH2

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


THL’s Webster “protective” of where tourism businesses go 24th October 2018 /

THL’s Webster “protective” of where tourism businesses go

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


THL in talks to sell KiwiEx, Black Water Rafting 23rd October 2018 /

THL in talks to sell KiwiEx, Black Water Rafting

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


THL’s AM primes for growth with expansion 4th September 2018

THL’s AM primes for growth with expansion

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


THL’s global ambition – what does it mean for its NZ operations? 29th August 2018

THL’s global ambition – what does it mean for its NZ 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.


THL signals “future consolidation” as it eyes global growth 28th August 2018

THL signals “future consolidation” as it eyes global growth

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


CFO’s illness behind delay of Tourism Holdings’ results 20th August 2018 /

CFO’s illness behind delay of Tourism Holdings’ results

Mark Davis is on medical leave and will miss the operator’s already delayed annual results announcement next Tuesday.


Tourism Holdings takes Supreme NZ/US business award 20th August 2018 /

Tourism Holdings takes Supreme NZ/US business award

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THL profit leaps 102% as tax windfall and expansion deliver 22nd February 2018

THL profit leaps 102% as tax windfall and expansion deliver

Business expansion and tax windfalls have seen Tourism Holdings Limited’s half-year net profit after tax surge 102% in what it has billed as “another record result”.


Webster on how THL landed its $128m JV 19th February 2018

Webster on how THL landed its $128m JV

It has taken a year of hard work but Tourism Holdings’ dream to build the world’s first global RV platform received a big boost last week with the announcement of its $128m joint venture with Thor Industries.  


THL “turbocharges” pursuit of global RV platform with $129m JV 16th February 2018

THL “turbocharges” pursuit of global RV platform with $129m JV

Tourism Holdings has poured its digital businesses into a $67m JV that it says will “turbocharge” the creation of a global digital motorhome platform.


Tourism Holdings: $3m boost from US tax rate cut 22nd December 2017

Tourism Holdings: $3m boost from US tax rate cut

Tourism Holdings could see its net profit jump by up to $3m thanks to incoming tax changes in the United States that will see the company’s tax rate slashed by more than a quarter.


Tourism Holdings’ Campbell, Air NZ win Deloitte Top 200 awards 24th November 2017

Tourism Holdings’ Campbell, Air NZ win Deloitte Top 200 awards

Tourism Holdings Limited chair Rob Campbell and Air New Zealand have been recognized at the Deloitte Top 200 business awards.


Is Tourism Holdings a takeover target for Chinese investors? 31st October 2017

Is Tourism Holdings a takeover target for Chinese investors?

Chinese investment manager Citic Capital has become the largest shareholder of Tourism Holdings Limited (thl) after spending more than $20m this month purchasing almost 11% of the company.


Shareholders vote to boost thl board pay packets 19th October 2017

Shareholders vote to boost thl board pay packets

Tourism Holdings shareholders voted yesterday to give the company’s board of directors a pay rise of $10,000-$20,000 each.


THL board seeks $10K-$20K pay rises for its members 27th September 2017

THL board seeks $10K-$20K pay rises for its members

Tourism Holdings’ board of directors are seeking to lift their total pay pool by $100,000 to $650,000 per year.


VINZ wins Tourism Holdings global service contract 19th September 2017

VINZ wins Tourism Holdings global service contract

THL has stepped up their commitment to Health & Safety even further by seeking and introducing independent and random safety inspections of their global commercial fleet.