THL - Tourism Holdings

[golden city]

non sense ...it is all about the fundermental of the business.., a good headline will only become a good headline if the company it self is good

[winner69]

non sense ...it is all about the fundermental of the business.., a good headline will only become a good headline if the company it self is good

Exactly .....is it a statement or question though?

[golden city]

THL is on the upper trend at the moment.., targeting one dollar mark after AGM

[forest]

I'd doubt it ... PER way too high at 75c. Sure, tourism is picking up but THL services only one small segment, I.e. those who like to see NZ using campervans. US operations add a bit of revenue smoothing but growth? Probably not much. We'll hover around the 75 mark for some time. Well at least there's the small'ish dividend yield I suppose ....

Chinese visitors set to soar
By Grant Bradley
5:30 AM Thursday Sep 12, 2013 ✩Save
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China is NZ's second-biggest source of tourists and numbers are forecast to surge 46 per cent

Air New Zealand's billboards in China reflect a change in Chinese tastes towards activity-based holidays.
The number of Chinese tourists coming to New Zealand is forecast to surge by 46 per cent with an extra 100,000 visitors during the next year, according to a tourism research agency.

China is already New Zealand's second-biggest source of tourists with 225,000 arrivals during the past year, behind Australia with almost 1.2 million.

The China Outbound Tourism Research Institute has found that close to 38 million mainland Chinese travelled to other countries around the world in the first five months of the year, a 17 per cent increase on the same period last year.

The report found a change in Chinese consumption habits with more tourists wanting to travel independently rather than on tours, and a shift from sightseeing to activity-based holidays in which they would spend more money.

The institute's New Zealand representative, Zane Smith, said that was good news for this country but some tourism operators were not ready.

Infrastructure, including hotels, was lacking in some areas and New Zealand operators needed to tailor their attractions and service standards to meet the expectations of the Chinese market.

[percy]

Just hope none of them drive on our roads.!

[iceman]

Chinese visitors set to soar
By Grant Bradley
5:30 AM Thursday Sep 12, 2013 ✩Save
Like on Facebook16
Tweet on Twitter22
Post on LinkedIn5
+1 on Google+1
Pin on Pinterest0
China is NZ's second-biggest source of tourists and numbers are forecast to surge 46 per cent

Air New Zealand's billboards in China reflect a change in Chinese tastes towards activity-based holidays.
The number of Chinese tourists coming to New Zealand is forecast to surge by 46 per cent with an extra 100,000 visitors during the next year, according to a tourism research agency.

China is already New Zealand's second-biggest source of tourists with 225,000 arrivals during the past year, behind Australia with almost 1.2 million.

The China Outbound Tourism Research Institute has found that close to 38 million mainland Chinese travelled to other countries around the world in the first five months of the year, a 17 per cent increase on the same period last year.

The report found a change in Chinese consumption habits with more tourists wanting to travel independently rather than on tours, and a shift from sightseeing to activity-based holidays in which they would spend more money.

The institute's New Zealand representative, Zane Smith, said that was good news for this country but some tourism operators were not ready.

Infrastructure, including hotels, was lacking in some areas and New Zealand operators needed to tailor their attractions and service standards to meet the expectations of the Chinese market.

Good to see Air NZ marketing well in China. However, it is of concern that NZ has to date not capitalised on this trend in China and as a percentage of Chinese travelers, fewer of them are thinking of NZ as a destination. We may be increasing the numbers but not proportional to the increase in Chinese traveling overseas. So we are losing the battle. NZ needs to do better and I think our very restrictive Visa requirements for Chinese play a significant role in this.

[macduffy]

We may be increasing the numbers but not proportional to the increase in Chinese traveling overseas.

Should we be surprised when the Chinese have the choice of many cheaper, closer destinations for their overseas experience?

[iceman]

Should we be surprised when the Chinese have the choice of many cheaper, closer destinations for their overseas experience?

No not at all. That's my point, a huge increase in tourist numbers from China does not automatically mean huge increases in Chinese tourist arrivals in NZ. NZ needs to continually work hard on marketing and providing the right and continually changing service to meet the demand.
Agree with belg that Chinese tourists will have a limited effect on THL. They still travel largely in organised tour groups.

[forest]

[QUOTE=belgarion;430063]The Camper Van Holding Company isn't going to have too many Chinese driving their own campers. It's just not the way they holiday. If THL were to provide drivers and run "convoys" of 5-10 at a time then maybe - but it'll be a drop in the ocean. THL needs the Europeans and Ockers back (who are the major hirers) and that'll be a few years away yet.[/QUOTE

Belgarion the interesting fact I get from this report is that not only there are more Chinese tourist, but they are changing the way they have their holidays. Chinese are becoming more independent travellers like westerners and this should benefit THL in my opinion. The following sentence is a direct quote from the report.


"The report found
a change in Chinese consumption habits with more tourists wanting to travel independently rather than on tours, and a shift from sightseeing to activity-based holidays in which they would spend more money."

[golden city]

share price stablise at moment.., wait for the dividends..not bad yields