Sharechat Logo

THL - Preliminary Response to US Tariff Announcement

Friday 4th April 2025

Text too small?

In response to a number of inbound inquiries, Tourism Holdings Limited (thl) acknowledges the new tariffs recently announced by the United States.

 

At this stage, there is uncertainty regarding the extent to which various tariffs imposed by the United States may impact the North American RV industry, including any potential retaliatory tariffs imposed by Canada that could impact RVs imported from manufacturers in the United States. thl is closely monitoring the situation as it evolves and will provide a further update on the implications for its business once there is more clarity.

 

The tourism industry has seen a decline in consumer sentiment for inbound travel to the United States in recent weeks. For thl, this has resulted in a slowdown in international booking intakes for the upcoming peak season. Typically, around 50% of thl’s RV rentals in the United States are from domestic bookings, which have a shorter lead time compared to international bookings. As a result, it remains too early to determine if the current slowdown will have a lasting impact on the United States high season performance.

 

thl expects to have more certainty on vehicle sales and the other variables previously described in its interim results, during the fourth quarter of FY25, at which point thl intends to provide earnings guidance for FY25.

 

ENDS

 

 



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

TGG - Response to media speculation
ARB - Annual Meeting Date and Director Nominations
CNU - Q4 FY25 Connections Update
MOVE FY25 Results and Investor Briefing 29 August 2025
RYM - First quarter trading update
July 11th Morning Report
IKE Announces equity raising of A$20 million
Chorus full year results date
FPH 2025 Notice of Annual Meeting and Voting Form
July 10th Morning Report