Tourism Holdings sees rental recovery across markets

Thu, 11 Jun 2020

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...

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