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Tourism Holdings Limited Gains Tariff Relief in North America

Story Highlights
  • Tourism Holdings Limited receives indefinite tariff remission for RVs imported from the USA to Canada.
  • No tariffs apply to RVs sold by thl from Canada to the USA, enhancing operational efficiency.
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Tourism Holdings Limited Gains Tariff Relief in North America

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Tourism Holdings Limited ( (AU:THL) ) has shared an update.

Tourism Holdings Limited has announced a favorable update regarding North American tariffs, as the Canadian government has issued a Remission Order granting an indefinite remission on tariffs for recreational vehicles imported by thl from the USA. Furthermore, an exemption applies to the recreational vehicles thl sells from Canada to the USA, meaning no tariffs are applicable. These developments allow thl to efficiently acquire and sell recreational vehicles across the USA and Canada without incurring tariff costs, which is expected to positively impact their operations and market positioning in North America.

The most recent analyst rating on (AU:THL) stock is a Hold with a A$2.02 price target. To see the full list of analyst forecasts on Tourism Holdings Limited stock, see the AU:THL Stock Forecast page.

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 a variety of rental, manufacturing, and retail brands across New Zealand, Australia, North America, the UK, and Europe, including notable brands such as Maui, Britz, Apollo, and Road Bear RV. Additionally, thl is involved in travel technology and tourism attractions, offering a comprehensive range of services within the tourism industry.

Average Trading Volume: 56,488

Technical Sentiment Signal: Buy

Current Market Cap: A$449.6M

Find detailed analytics on THL stock on TipRanks’ Stock Analysis page.

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