THL’s valuation conundrum
ANALYSIS: The consortium bidding for the campervan company sees value where the market doesn’t – and that’s a problem.
Tourism Holdings operates campervan rentals and sales in New Zealand, Australia and North America.
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There is not much you can be sure of in the tourism business, except maybe one thing – enjoy the good times, because things will turn shitty at some point.
The reverse is also true.
For campervan company Tourism Holdings the party balloons of 2023 are a distant memory and it’s into a grind
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