On the same day Tourism New Zealand reported record international visitor numbers for December, one of the country’s iconic tourism businesses, Tourism Holdings Limited, said business had fallen into a hole during January, transforming an anticipated NZ$2.5m profit to an expected NZ$4m loss. “A severe and sudden drop in forward bookings during January has created significant uncertainty for the remainder of this financial year,” THL said. Reasons include natural disasters, a greater than anticipated decline from the UK market and poor January domestic tourism in NZ and Australia. Tourism in a nutshell. Looks like the December visitations record won’t be beaten for some time. THL owns the Maui and Britz camper hire brands, among others.
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