Tourism Holdings posts strong full year result
The campervan company says momentum is building for the upcoming season.
Tourism Holdings has reported a strong full year profit, with momentum building for the upcoming season, according to RNZ Business. CEO Grant Webster highlighted that the company entered the second half of FY26 with real momentum and delivered key actions. Despite the Middle East conflict disrupting international travel and impacting domestic tourism, Southern Hemisphere bookings have recovered, with a 40 percent increase in New Zealand intake over the last four weeks.
Canada is also projected to achieve record rental revenue this summer season, while U.S. intake is tracking 45 percent ahead. The company consolidated Australasian manufacturing into Hamilton, launched a redesigned Winnebago range, opened a new Queenstown site, exited two loss-making Australian dealerships, and delivered approximately $5 million in cost savings.
Board chair Cathy Quinn mentioned that the board is focused on the interests of all shareholders as it responds to takeover approaches.
Brief written by urgent.news from RNZ Business's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
