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Pandemic forces Tourism Holdings to shift from campervan rentals to sales
Wednesday, 28 Feb, 2021
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Tourism Holdings has turned to selling its campervans rather than continue its core business of rentals. The pandemic has led to a 50% drop in rental revenues and it has been forced it to sell off idle vehicles.
It posted a loss of $1.8 million for the six months to the end of December but has seen some success with van sales up 132%.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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