Quote Originally Posted by Balance View Post
That has always been THL's problem - replacing its aging fleet.

Not sure what the answer is but selling in bulk into the second hand market was a dumb idea which cost the company plenty in the past - many were bought and then, rented out in competition!
That might have been a bit of an issue in the past but there are not many operators running clapped out old proper self-contained campers. The competition is more from the converted Previa or similar (not self contained) and the rental car/motel/B&B alternative.

But the whole tourism sector is going better now. They should certainly post some improved results over the next year or two (barring catastrophes like Chch of course).