
Tourism: Too much of a good thing?
The tourism industry's biggest challenge is coping with record growth and finding ways to fund infrastructure.
The tourism industry's biggest challenge is coping with record growth and finding ways to fund infrastructure.
Meet the New Zealand Herald Business Leader of the Year finalists.
Tourism operators say there have been no reports of cancellations following the earthquakes but the industry is in damage control because of potential damage to NZ's image.
Tourism Holdings lifted annual profit 21 per cent and continues to target net profit of $30 million by 2018.
Campervan operator Tourism Holdings has dobbed in customers to the police after real time monitoring equipment found evidence of dangerous driving.
Tourism Holdings' margins have improved in New Zealand and Australia, giving the company confidence to predict growth over 2017 and 2018.
On the face of it, Chapman Tripp's answer for assuaging market concerns stemming from the Dick Smith disaster seems sensible.
Tourism Holdings, the campervan rental company, has boosted its first-half profit 45pc and upgraded its full-year profit forecast.
Tourism Holdings is the winner of the Deloitte Top 200 Best Growth Strategy Award, 2015.
Guest nights fell across all accommodation sectors except backpacker stays.
The boost was fuelled by a rebound in both domestic and international travellers and a lift in South Island and hotel park stays.
Statistics New Zealand figures out today show national guest nights have risen every month for the past year.
New Zealand is enjoying its best summer for overseas tourist arrivals but operators are worried that demand from our most important market, Australia, could be dented by the fall in the value of the Aussie dollar.
Tourism Holdings is "back from the dead" according to the judges at Deloitte Top 200 awards.
Tourism Holdings, the biggest campervan rental company in Australia and New Zealand, said annual profit might rise as much as 44 per cent on increased sales and lower costs.
Tourist operators say a chronic labour shortage because of problems hiring overseas workers could choke the booming tourism sector.
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Tourism Holdings' share price jumped 6 per cent yesterday after the company said its profit this year may beat guidance released earlier this year.
Tourism Holdings says market conditions are the best in seven years.
At Tourism Holding's annual meeting, chairman Rob Campbell said earnings before interest and tax for the six months to Dec 31 were expected to rise 25% to $6.6m.
Utilico Investments, a UK investor managed by Infratil director Duncan Saville's ICM, has bought a 7.1 per cent stake in Tourism Holdings.