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Tourism Holdings Rentals (THL) investor relations material
Tourism Holdings Rentals Investor Presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Investor Presentation summary1 Dec, 2025
Company overview and market position
Operates as the largest commercial RV rental operator globally, with a fleet of 8,564 vehicles across Australia, New Zealand, North America, and UK & Ireland.
Vertically integrated across RV manufacturing, rentals, and sales, leveraging scale and supplier relationships.
Listed on NZX since 1986 and ASX since 2022, with a market capitalization of A$453 million as of November 2025.
Achieved NZ$28.7 million in underlying net profit after tax and declared NZ$14.3 million in dividends for FY25.
Global footprint and operational highlights
Operates 60 locations globally, with major rental fleets in Australia (2,586), New Zealand (2,449), North America (2,876), and UK (653).
Offers RV rentals, new and ex-rental sales, manufacturing, and digital tourism apps in key markets.
Franchise operations in Southern Africa and Japan.
Market trends and industry outlook
International tourism is rebounding post-COVID, driving rental fleet growth after prior contraction.
RV rentals show strong forward revenue growth (~20% YoY) in New Zealand, Australia, and Canada, while US rentals face headwinds from declining international travel sentiment.
Long-term RV industry outlook is positive, with growing interest from younger generations and an aging global population.
Leisure travel market projected to triple in value by 2040, with trends favoring unique, sustainable, and independent travel experiences.
UK&I divestment capital reallocation strategy
Actions to close AU/NZ manufacturing cost gap
Waitomo Caves lease impact on NPAT goal
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Next Tourism Holdings Rentals earnings date
H1 202623 Feb, 2026
Next Tourism Holdings Rentals earnings date
H1 202623 Feb, 2026
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Frequently asked questions
Tourism Holdings Rentals Limited is a New Zealand-based company specializing in the rental and sale of recreational vehicles (RVs) and associated tourism services. Operating in New Zealand, Australia, and North America, THL offers motorhome rentals under various brands to serve tourists and travelers seeking self-guided exploration experiences. The company also engages in vehicle sales, operates tourism-related experiences, and provides support services for RV owners. The company is headquartered in Auckland, New Zealand, and its shares are listed on the NZX.
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