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Tourism Holdings gradually exiting US joint venture

The struggling company will focus on Australasian RV rental.

Andrew Bevin Fri, 03 Apr 2020

NZX-listed Tourism Holdings is making a managed exit from its Togo Group joint venture in the US, in which it had invested $29m, to focus on RV rentals in Australia and New Zealand.

Tourism Holdings has been hit particularly hard by the Covid-19 containment restrictions on travel and tourism,

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Andrew Bevin Fri, 03 Apr 2020
Contact the Writer: andrew@nbr.co.nz
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Tourism Holdings gradually exiting US joint venture
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