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Forsyth Barr says Tourism Holdings faces bumpy journey to recovery


Forsyth Barr says Tourism Holdings faces bumpy journey to recovery
13 Jan, 2021 04:00 AM
3 minutes to read
Tourism Holdings US operation could recover more quickly than in NZ. Photo / Supplied
Aviation, tourism and energy writer for the NZ Heraldgrant.bradley@nzherald.co.nz@gbradleynz
Tourism Holdings (THL) profit downgrade late last year capped a disastrous year for tourism-related companies and THL faces uncertain demand in New Zealand, say analysts at Forsyth Barr.
They say that with lower rental demand
during the summer peak and fewer vehicle sales than anticipated in New Zealand, the net profit loss in the full year ending June 30 could be as high as $22.4 million. This is a sharp reversal on the $20m profit reported for the 2019-20 financial year. ....

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Forsyth reports 256 new COVID-19 cases. Expert says it's too early to tell if we've reached peak from holidays


The Cooper administration has expanded resources and services on the www.YourSpotYourShot.nc.gov website.
The website now includes a list of enrolled vaccine providers who have received allocations, and a phone number (877-490-6642) for assistance in finding a vaccination site.
“The truth is that this disease is spreading fast,” Cooper said. “The truth is that people need to follow the safety protocols” of the 3 Ws “and abide by the modified stay-at-home order.”
“Another truth: the vaccines are safe and effective. We need to get vaccines into arms as quickly and equitably as possible. It remains our top priority.” ....

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Forsyth adds 199 new COVID cases


The county is at an overall total of 23,404 cases since mid-March.
There were no additional COVID-19 related deaths reported Monday in Forsyth, keeping the total unchanged at 235.
Meanwhile, DHHS said there were 5,936 new cases statewide, compared with 8,833 reported Sunday and a record 11,581 reported Saturday.
The overall statewide total is at 629,124.
The number of COVID-19 related deaths reported Monday was 11, down drastically from a record 142 reported Sunday.
The state is in the midst of an expected surge in cases and hospitalizations stemming from recent holiday social gatherings. It typically takes seven to 10 days for COVID-19 symptoms to appear.
DHHS lists COVID-19 cases and deaths on the day they are confirmed by medical providers and public health officials, so individuals may have been infected or died days before their cases are counted. ....

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