NZ is silver lining in Tourism Holdings outlook, CEO says

Tourism Holdings' CEO Grant Webster (right) and CFO Cameron Mathewson. (Image: BusinessDesk)

Fri, 18 Oct 2024

Tourism Holdings' chief executive, Grant Webster, says the company's New Zealand business is the clearest path to recovery. Company executives were apologetic as they faced shareholders following May's guidance cut that saw shares tumble 31%.Tourism Holdings Limited (THL) generates most of its revenue from its campervan rental and sale businesses in Australia, NZ and North America. It also owns smaller manufacturing and tourism businesses in NZ. During the meeting, shareholder Jeremy Sutton asked Webster what the “bi...

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