Tourism Holdings focused on US turnaround

Mon, 26 Aug 2019

By Rebecca Howard Aug. 27 (BusinessDesk) - Tourism Holdings expects tough US market conditions to spill over into this year but said things remain positive in Australia and New Zealand despite "uncertain" economic conditions. The largest issue for the year was the significant fall in vehicle sales in the US market, the company said. "This had an impact on the total FY19 result for thl and has consequential impacts in FY20." However, forward bookings for the New Zealand and Australian businesses remain positive compared to the prior y...

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