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.
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