NewsBite

Apollo Tourism & Leisure

July 2024

Echo Beach Resort was built just 10m from the shoreline.

Kimberley beachfront eco resort with own airstrip hits the market

Eco Beach Resort sits just metres from the beach an hour south of Broome. It comes to market amid a boom in demand for luxury, eco-friendly resorts.

  • Larry Schlesinger

May 2024

THL is behind brands including Britz, Maui and Apollo.

THL in $200m wipeout as grey nomads stop buying campervans

The operator of Britz and Maui brands said it was also expecting to impair its businesses overseas, and was surprised by how quickly sales had dried up.

  • Simon Evans

September 2023

THL is starting trials of electric campervans in December.

Britz and Maui campervan rentals boss backs more Qatar flights

THL, with 7233 motorhome rental vehicles under the Maui, Apollo and Britz brands, is also trialling electric campervans from December.

  • Simon Evans

November 2022

The resort will be a “tremendously sustainable” development

Burnham Beeches lures wellness resort Six Senses to Dandenong Ranges

The Trenerry Consortium backed by the Smorgon family will spend $100m turning the Burnham Beeches estate into a world-class eco resort operated by Six Senses.

  • Larry Schlesinger

September 2022

Apollo Tourism will sell 310 motorhomes and a string of other assets to rival Jucy. The divestment is enough for ACCC to give approval for a broader merger with Tourism Holdings.

Private equity to help keep campervan rental prices down

The ACCC has given the green light to a merger of Apollo and Tourism Holdings after a forced divestment to Jucy of $39 million of assets.

  • Simon Evans
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Apollo Tourism intends selling 310 motorhomes and a string of other assets to rival Jucy as it tries to appease competition regulators.

Jucy to drive off with 310 campervans in $39m Apollo deal

Ten months after a proposed merger, campervan rental players Apollo Tourism and NZ’s Tourism Holdings are closer to the finish line.

  • Updated
  • Simon Evans

April 2022

The ACCC is worried about the market power in Australia if Apollo Tourism and Tourism Holdings join forces. That would bring together campervan rental brands Apollo, Star RV, Britz and Maui.

ACCC hits brakes on Apollo Tourism campervans merger

Having campervan rental brands Britz, Maui, Apollo and Star RV all under the same owner in a proposed merger is worrying the ACCC.

  • Simon Evans

March 2022

The ACCC wants to know whether an Airbnb venue, a holiday park or a motel are true competitors to campervan rentals companies that have been crunched in the pandemic.

Will grey nomads settle for an Airbnb on road trips?

The ACCC delays a decision on a merger of loss-making campervan rental groups Apollo and Tourism Holdings, crunched in the pandemic.

  • Simon Evans

December 2021

Luke Trouchet, CEO of Apollo Tourism Apollo said the two companies would be in a stronger position as an enlarged player once the pandemic ended.

Campervan rentals group Apollo Tourism to merge with NZ player

Five years after listing on the ASX, pandemic-ravaged Apollo intends merging with Tourism Holdings Ltd from New Zealand.

  • Simon Evans

September 2021

Apollo Tourism says the lure of the open road in Canada is proving a magnet for international tourists.

Canada rush shows a tale of two hemispheres for Apollo

The campervan rentals group says 100 ‘pick-ups’ of motorhomes in Canada in two days is a sign of pent-up demand as vaccination benchmarks are reached.

  • Simon Evans

June 2021

Camplify has around 5,400 campervans, motorhomes and caravans on its books and demand has jumped in the pandemic as people go off-road in domestic holidays.

Camplify heads to ASX on domestic holiday rise

A younger demographic is embracing a digital platform similar to Airbnb, with 5400 motorhomes on the books and demand rising.

  • Simon Evans

October 2020

Accor's lease of the Novotel Brisbane ends in April

Singaporean REIT offloads Brisbane hotel over COVID-19 fears

The 4½-star hotel on Southbank at Creek Street in the Brisbane CBD was offloaded by Singapore-listed hospitality trust CDL.

  • Larry Schlesinger

September 2020

David Canny, owner of the Red Lion.

How the bloody hell will tourism revive from COVID-19?

Sanitation, avoiding the one-trick pony market, and some steady regulation: the ideas for reviving travel and hospitality sectors.

  • Liam Walsh and Simon Evans
Relaxing at Cable Beach, Broome. Western Australia has been at the centre of a mini-boom in campervan rentals for ASX-listed Apollo Tourism.

The humble caravan is a silver lining for gloom-hit tourism

A spike in domestic demand has delivered caravan and motorhome rental group Apollo some good news after the devastation from the collapse in international tourism.

  • Simon Evans

June 2020

Apollo Tourism & Leisure rents out and sell motorhomes, campervans and the like to tourists and grey nomads.

Bankers pitch trans-Tasman tourism roll-up to private equity

Private equity types like to think of themselves as bold investors, brave and smart enough to cut deals where others won't dare tread. 

  • Sarah Thompson, Anthony Macdonald and Tim Boyd
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April 2020

Apollo Tourism & Leisure has 5,700 vehicles in its fleet but border shutdowns and country lockdowns mean tit is scrambling.

Apollo wings clipped by coronavirus as motorhomes sit idle

Apollo Tourism says some of its 5700 rental motorhomes are being used by people isolating, but travel bans around the world mean most of the fleet is grounded.

  • Simon Evans

March 2020

QT Perth, one of the hotels operated by Event.

Event CEO, board take pay cut as virus hits its hotels and cinemas

Event Hospitality & Entertainment is one of the most COVID-19-exposed property companies with its portfolio comprising hotels and cinemas.

  • Larry Schlesinger
Luke Trouchet, CEO of Apollo Tourism.

Van business parked as backpackers vanish

The coronavirus outbreak is causing short-term upheaval for the ASX group which rents out 5600 campervans to travellers.

  • Simon Evans

July 2019

Apollo Tourism CEO Luke Trouchet says a strategic review on the sales side of the business will be finished by August, but the rentals arm is going okay.

Apollo Tourism looks beyond $115 million crash

The CEO of campervan rentals and sales group Apollo says he's philosophical about a share price wipeout but confident it can be restored.

  • Simon Evans

June 2019

Hotel room revenue will be flat until 2021.

Hotel revenue falls for first time in nine years

The latest annual update from Dransfield showing that hoteliers mostly held firm on prices, but that Occupancy levels are likely to fall two percentage points, to a still high 78.4 per cent

  • Larry Schlesinger

Original URL: https://www.afr.com/company/atl-3z