The latest announcement is out from Tourism Holdings Limited ( (AU:THL) ).
Tourism Holdings Limited (thl) announced that Canada has implemented a 25% tariff on non-Canadian and non-Mexican content of CUSMA-compliant vehicles imported from the USA, affecting thl’s Canadian RV fleet. This move is expected to increase the value of thl’s RVs in Canada, but the financial impact remains uncertain. To mitigate the tariffs’ effects, thl is accelerating the delivery of new builds to Canada and relocating part of its USA rental fleet. The company is also working with industry stakeholders to seek tariff relief, although the success of these efforts is currently unknown.
More about Tourism Holdings Limited
Tourism Holdings Limited (thl) is a global tourism operator listed on the NZX and ASX, recognized as the largest commercial RV rental operator worldwide. The company operates various rental and retail brands across New Zealand, Australia, North America, the UK, and Europe, and is involved in manufacturing, travel technology, and tourism attractions.
YTD Price Performance: -21.62%
Average Trading Volume: 23,682
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$337.7M
For an in-depth examination of THL stock, go to TipRanks’ Stock Analysis page.