THL - Tourism Holdings

[Ricky-bobby]

There’s a place in Blenheim that specialises in just selling camper vans and the its looking pretty empty... it’s quite big as well. only happened over the last couple of months I recon. Camper van buying boom is back on??.

[Southern Lad]

Worldwide there appears to be a shortage of rental cars looming as fleets have been reduced in size and there are supply issues with rebuilding them (especially at the substantially discounted prices that rental car firms pay). Stuff has run an article today with the NZ perspective:

https://www.stuff.co.nz/business/300...s-for-shortage

I’m assuming there must be cross over into the motor home space, with travellers opting for a motor home if they can’t get a rental car. THL has signalled they will start to rebuild their fleet this year, but there will be limits on how quickly this can occur. They may also face pricing pressure for vehicle chassis’s.

I see from the Maui NZ website they they also rent cars in addition to motor homes. Does anyone know whether they own this fleet or are they just reselling another operators fleet?

[Benny1]

Worldwide there appears to be a shortage of rental cars looming as fleets have been reduced in size and there are supply issues with rebuilding them (especially at the substantially discounted prices that rental car firms pay). Stuff has run an article today with the NZ perspective:

https://www.stuff.co.nz/business/300...s-for-shortage

I’m assuming there must be cross over into the motor home space, with travellers opting for a motor home if they can’t get a rental car. THL has signalled they will start to rebuild their fleet this year, but there will be limits on how quickly this can occur. They may also face pricing pressure for vehicle chassis’s.

I see from the Maui NZ website they they also rent cars in addition to motor homes. Does anyone know whether they own this fleet or are they just reselling another operators fleet?

From memory I think they used to have a small rental car fleet some years ago,pretty sure they haven't got any now. Certainly haven't seen any at their depots the last few times I have been there so assume they are just reselling.

[Southern Lad]

From memory I think they used to have a small rental car fleet some years ago,pretty sure they haven't got any now. Certainly haven't seen any at their depots the last few times I have been there so assume they are just reselling.

Thanks Benny1

[LaserEyeKiwi]

Read recently that rental car shortage in America is so bad that people are renting U-Hauls (basically furniture moving vans/light trucks) instead of rental cars in various locations, this is due to the rental car companies selling off a large amount of their fleets last year and now being very short on vehicles as travelling has returned much faster than anticipated.

Rental cars going for as high as $1000 a day in Honolulu: https://www.travelandleisure.com/tra...g-uhaul-trucks

[Marilyn Munroe]

Read recently that rental car shortage in America is so bad ......]

Spoke to an Aussie visitor last week who tried to hire a rental car at Christchurch Airport. He couldn't get one.

Boop boop de do
Marilyn

[Waltzing]

Fleets of camper vans seen in the central north island lake camping grounds this weekend as they flock together... Traffic on state highway one southern route into and out of auckland looked heavy late into sunday afternoon.

Be very interesting to see the rental numbers with this late warm autumn.

[winner69]

Bit of loss downgrade today

They still hanging in there so not all bad

One day it'll all be over and bright times again

[flyinglizard]

Bit of loss downgrade today

They still hanging in there so not all bad

One day it'll all be over and bright times again

Pretty sure, a big boy comes in today. I almost forget that I have THL. The chart is similar to ARV.

[ratkin]

Like the way their debt is less than expected due to not paying for their vehicles on time.
Wish all debt worked like that