Tourism Holdings Limited (THL) Price & Analysis

Tourism Holdings Limited (THL), an Auckland, New Zealand-headquartered company incorporated in 1984, is a prominent tourism operator with a presence spanning Australia, New Zealand, and the United States. The enterprise functions through distinct segments including New Zealand Rentals, Tourism Group, Australia Rentals, United States Rentals, and Action Manufacturing. A core aspect of its business involves the engineering, production, and sale of recreational vehicles—specifically motorhomes, campervans, and caravans—along with their associated accessories. These vehicles are offered for rent under well-known brands such as Maui, Britz, Mighty, Road Bear RV, Just Go, El Monte RV, and Mighway. Beyond vehicle solutions, THL diversifies its offerings with a range of experiential tourism activities. This includes operating the guided hop-on hop-off bus tours under the Kiwi Experience brand. The company also manages the iconic Waitomo Glowworm, Ruakuri, and Aranui caves, providing opportunities for subterranean exploration, including water rafting through the underground rivers of the Ruakuri cave system. Additionally, it oversees the Waitomo Homestead, a refurbished dining establishment. The company, initially established as The Helicopter Line, adopted its current name, Tourism Holdings Limited, in 1996.