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🇳🇿 New Zealand — OpenVan.camp

New Zealand
New Zealand
88 · 19 / 1,2к per week / 5,5к per month
NZ New Zealand

Tourism Holdings cuts profit outlook as takeover bid emerges

Tourism Holdings (THL), a campervan rental group, has downgraded its full-year net profit forecast for FY26 to $40–43 million from $43–47 million, citing softer consumer confidence, global travel disruption, and Middle East conflict impact on vehicle sales. The company also confirmed receiving a revised non-binding takeover proposal from a consortium led by BGH Capital and the Trouchet family, which already holds 19.9% of THL shares. The indicative offer is $3.10 per share in cash, expiring on June 12 if no response. THL shares rose nearly 30% on the NZX to $2.83.

Source: RNZ ENG
NZ New Zealand

Consortium raises bid for Tourism Holdings to $3.10 per share

Private equity firm BGH Capital and the Trouchet family have increased their offer for Tourism Holdings to NZ$3.10 per share in cash. The consortium already holds nearly 20% of the multinational motorhome and tourism operator, which operates a fleet of over 8,500 vehicles. The company has meanwhile downgraded its earnings forecasts and expects to carry $70 million more debt by year-end.

NZ New Zealand

Maxus launches locally with caravan and truck range, ute to come

Maxus Automotive, led by former LDV distributor executives, has launched in New Zealand. The lineup includes two motorhomes, a campervan, five caravans, the eDeliver75 electric truck, and Sunwin electric buses. Motorhomes are sold through THL's RV SuperCentre network, while caravans are retailed directly. The company cites growing acceptance of Chinese brands and plans to add a ute-based off-road variant.

NZ New Zealand

Board changes at Tourism Holdings Ltd

Tourism Holdings Ltd (THL), a campervan rental specialist, has announced board changes. Long-serving independent director Gráinne Troute stepped down after approximately 11 years. The company continues to navigate a softer tourism environment and integrate recent acquisitions. THL shares trade on the NZX under ticker THL with a market capitalization of around NZD 475 million.

NZ New Zealand

Risks of Overseas Self-Driving: Statistics and Recommendations

Over the past three years, road accidents involving Hong Kong tourists abroad have increased, notably in Japan and New Zealand. A recent triple collision on New Zealand's South Island killed two Hong Kong visitors. Key factors include unfamiliarity with local traffic laws, speed differences, and driver fatigue. Recommendations include studying local regulations, renting vehicles with winter equipment, and limiting daily driving to 4–5 hours.

NZ New Zealand

Tourism Holdings Ltd: Between RV Boom and Cyclical Travel Sector

Shares of Tourism Holdings Ltd (ISIN NZHELE0001S9), one of the world's largest motorhome and campervan rental operators, have drawn investor attention amid post-pandemic tourism recovery. The New Zealand-based company reported for the fiscal year ending June 30, 2024, highlighting synergies from its December 2022 merger with Apollo Tourism & Leisure and demand recovery in key markets (New Zealand, Australia, North America). However, investors are concerned about margin pressure from high fleet financing costs and normalization of travel flows.

NZ New Zealand

Tourists paid $17k for Toyota Hiace but it was undriveable within three weeks

A US couple bought a 29-year-old Toyota Hiace with 238,527 km from Discount Campers in Auckland for $17,000. Within two weeks, electrical issues emerged, followed by clutch failure and engine overheating due to a corroded radiator and cooling system. The Motor Vehicle Disputes Tribunal partially upheld their claim, ordering the seller to pay $3,495 for engine replacement.

Source: RNZ ENG
NZ New Zealand

Tourism Holdings Ltd: How the Motorhome Specialist Benefits from Global Travel Tourism

New Zealand-based Tourism Holdings Ltd, which rents and sells motorhomes and campervans, generates revenue from international tourists in New Zealand, Australia, and North America. The company faces cyclical demand and high capital costs, with shares listed on the NZX in New Zealand dollars, creating currency risk for eurozone investors.

NZ New Zealand

Tourism Holdings Ltd (NZHELE0001S9): Leading Campervan Provider from New Zealand

Tourism Holdings Ltd (THL), the world's largest campervan and motorhome rental company, is listed on the NZX and traded on the Frankfurt Stock Exchange via Tradegate. Its core markets are Australia, New Zealand, and North America, operating brands such as Apollo, Britz, and Maui. Revenue comes from rentals, used vehicle sales, and fleet management services. THL is expanding in North America through the acquisition of El Monte RV, mitigating seasonal fluctuations.

NZ New Zealand

Camper allegedly stolen with man and cat inside

In Whakatāne, New Zealand, a woman allegedly stole a camper van without realizing a man and his cat were inside. The incident began around 8:50 PM on Wednesday when the suspect entered the parked vehicle and drove off despite the occupant's protests. Police tracked the camper and arrested the driver about 20 minutes later; the man and cat were unharmed. A 28-year-old woman has been charged with unlawfully taking a motor vehicle and failing to stop.

Campervan stolen with sleeping owner and cat inside in New Zealand

A 28-year-old woman stole a parked campervan in Whakatāne, unaware that the owner and his cat were sleeping inside. The man woke up, called police, and stayed inside until the vehicle stopped due to a mechanical fault. No injuries reported; suspect arrested.

NZ New Zealand

Caravan camping checklist for families planning a road trip

A checklist has been published for families planning a caravan road trip. It covers packing by category: safety, bedding, cooking gear, clothing, hygiene, entertainment, and campsite setup. Special attention is given to children's needs: comfort items, quiet activities, spare shoes, medication, and snacks. Before departure, the checklist recommends checking tyre pressure, brake lights, indicators, towing connections, and securing all loose items. It also advises filling fresh water tanks, emptying grey and toilet waste, checking gas bottles, and carrying a fire extinguisher, reflective triangle, and repair kit. For off-grid travel, extra water, solar charging, and backup power are suggested.

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