Latest Tourism Industry News

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Tourism Holdings Limited has received a fresh non-binding indicative offer from a credible strategic buyer at NZ$3.30 to NZ$3.40 per share, while continuing negotiations with the BGH Consortium over due diligence access.
Victor Sage
Victor Sage
25 June 2026
Tourism Holdings Limited has allowed the BGH-led consortium to conduct due diligence after a revised all-cash offer of NZ$3.10 per share. The Board remains cautious, with no recommendation or decision yet on the potential acquisition.
Victor Sage
Victor Sage
12 June 2026
Tourism Holdings Limited (THL) has received a revised acquisition proposal from a BGH-led consortium offering NZ$3.10 per share. Meanwhile, THL has downgraded its FY26 profit guidance and raised its net debt forecast amid ongoing global travel uncertainties.
Victor Sage
Victor Sage
29 May 2026
Tourism Holdings Limited has agreed to sell its UK & Ireland operations to Indie Campers for NZ$8 million, aiming to streamline its portfolio and reduce debt. The deal is expected to deliver a one-off gain but will impact earnings in the short term.
Victor Sage
Victor Sage
16 Feb 2026
Tourism Holdings Limited (thl) reported a challenging FY25 with a significant profit decline but is confident in a growth rebound supported by international tourism recovery and strategic initiatives.
Victor Sage
Victor Sage
24 Oct 2025
Helloworld Travel Limited has completed its acquisition of the remaining 50% stake in Mobile Travel Holdings, fully owning the mobile travel agency and significantly boosting its transaction volume.
Victor Sage
Victor Sage
21 Oct 2025
Tourism Holdings Limited reported a statutory net loss in FY25 amid challenging market conditions but remains confident in a strategic turnaround targeting over $100 million in annualised NPAT within four years.
Victor Sage
Victor Sage
25 Aug 2025
Tourism Holdings Limited reported a modest 2% revenue increase to NZD 937.2 million for the year ending June 2025, yet posted a significant net loss of NZD 25.8 million. Despite the losses, the company declared a final dividend, signaling cautious confidence.
Victor Sage
Victor Sage
25 Aug 2025
International Equities Corporation Ltd reported a $1.249 million net loss for FY2025, reflecting ongoing challenges in its tourism segment amid a slowing economy and rising costs. The company’s property development and leasing operations also faced headwinds, leading to a decline in overall revenue and asset backing.
Eva Park
Eva Park
22 Aug 2025
Tourism Holdings Limited has dismissed a $2.30 per share acquisition offer from a BGH-led consortium, reaffirming its FY25 underlying profit expectations despite anticipating a statutory loss due to significant impairments.
Victor Sage
Victor Sage
4 Aug 2025
Tourism Holdings Limited has received a conditional, non-binding takeover proposal from a consortium led by BGH Capital and the Trouchet family, signaling a possible shift in ownership for the global RV rental giant.
Victor Sage
Victor Sage
16 June 2025