Tourism Holdings sees rental recovery across markets

Tourism Holdings sees rental recovery across markets
Dan Brunskill
Domestic demand for Tourism Holdings’ camper rentals is improving as lockdown restrictions ease across the US, New Zealand, and Australia. The international tourism company's business almost evaporated this year as international borders were closed and its markets were each put into some form of lockdown. The impact of covid-19 on the group’s revenue means the company now expects net debt to rise to approximately $165 million to $175 million by the end of June, $30 million more than previously forecast. The company said it is in talks...

More Listed Companies

Climate change action dropped against Channel
Listed Companies

Climate change action dropped against Channel

A major climate change case against Channel Infrastructure has been discontinued. 

Victoria Young 17 May 2024
Millennium & Copthorne plans new hotel in Whangārei CBD
Listed Companies

Millennium & Copthorne plans new hotel in Whangārei CBD

The company has a site under contract for $2.24 million.

John Anthony 26 Apr 2024
How ‘shareholder value’ became a Wall Street mantra
Policy

How ‘shareholder value’ became a Wall Street mantra

Michael Jensen inspired the transformation of capitalism. Was he a hero or a villain?

Bloomberg 13 Apr 2024
How many boards should a director sit on?
Listed Companies

Simon Robertson: How many boards should a director sit on?

An attempt to judge the composition trends in NZX boards is challenging.

Simon Robertson 13 Apr 2024