Tourism Holdings returns to profit as bookings rebound
Campervan company Tourism Holdings reported a net profit of $38.4 million for the year ended 30 June 2026, recovering from a net loss of $25.8 million the previous year, according to RNZ. Revenue for the period fell to $852.9 million from $894.1 million.
Chief Executive Grant Webster said the company built momentum through the second half of the year after March disruptions from the Middle East conflict. Webster said New Zealand bookings rose 40% over the last 4 weeks and U.S. intake tracked 45% ahead.
Board Chair Cathy Quinn said the board is evaluating 2 non-binding indicative takeover proposals currently before it. Quinn said there is no certainty either proposal will result in a transaction, RNZ business (NZ) reports.