Source = e-Travel Blackboard: P.T NZ tour operator thl has announced plans to merge its New Zealand rental business with KEA Campers and United Campervans, in a bid to advocate tourism and deliver financial benefits. Although acquisition and implementation costs totalled $1.7 million, thl’s operating profit has been forecast rise to $19.3 million from $16.3 million during the 2012 financial year. “This merger is logical, strategic and the best response to the challenging realities of the current New Zealand market,” thl chairman Keith Smith said. “thl is the industry player that already has the scale to market New Zealand tourism and New Zealand campervan vacations to a broad international audience and therefore the best placed to make the most of the additional brands.” Debt reduction of $19 million is expected in the first eight months after the merger. In the first full year following the merger, operating earnings are forecast to rise to $28.8 million. “The merger is an appropriate response to the challenging macro-economic factors facing New Zealand tourism and the campervan industry,” thl chief executive Grant Webster said. United Campervans principal Kay Howe will join the thl board as an executive director to assist with the merger, while KEA Campers principal Grant Brady is poised to lead thl’s New Zealand vehicle sales operations. “thl, combined with United and KEA, has a great future and will be a powerful advocate for New Zealand tourism particularly in high-value international markets such as the United Kingdom and Europe,” Ms Howe said.thl recently posted high operating profits, despite global instability and economic uncertainty. The merger is scheduled to be completed on 31 October 2012.
Comments Share “Yeah, it’s part of it. I did it on purpose. But I was mad I missed the practice because it was a good one, and obviously we got a lot of good work done. Watch the tape and move on to today.”Did you watch the tape at the hospital or today?“Today.”How are you feeling now?“Fine. Just fine.”Carson Palmer joked that they’d have to strap you down to keep you away from practice, was there any of that?“No. I’m going to listen to the doctor, but I told him I’m going. He can be there with me.”You’ve learned to delegate responsibilities, do you think that helped in a situation like this?“Yeah, I think those guys are more than ready to handle the practice. It was all scheduled — I was just going to be an observer, anyway. Yeah, I think that’s helped a bunch.”Were the pains sudden or was it something that was coming up?“It kept building and building.”You spoke in an interview a while back about how you put your life in perspective. Did this throw you back into that mindset?“No. I knew that was there — it was a possibility after the colonoscopy. No, it’s not like the stress I had at Temple. Nothing like that.” SAN DIEGO – Head coach Bruce Arians, now in his fourth year with the Arizona Cardinals, meets the media each day during training camp.Here, in this space, we’ll highlight many of the key topics and personnel conversations he has with reporters following the morning walk-through, though Wednesday’s press conference was different from any other he has done.Arians, of course, left Qualcomm Stadium Tuesday night before practice and went to a hospital due to stomach pain. He stayed at the hospital overnight but was back with the team at the hotel Wednesday morning and took some time to chat about his situation. Former Cardinals kicker Phil Dawson retires Grace expects Greinke trade to have emotional impact How are you feeling?“Much better. A little bout of diverticulitis and I’ll go to practice today and see how it goes. I’m too old not to listen to doctors anymore, so I have a tendency to push it. But we’ll go out today, see how long we stay. It’s nothing serious.”Can you take us through what happened?“Just a bunch of stomach pain and doubled over, which is what it does to you. I thought it was a kidney stone at first, but I’ve been diagnosed with diverticuli at my last colonoscopy. Good thing I do those every two years.”Did the doctors make any recommendations for you going forward?“Change diet a little bit and basically that’s it. Drink a lot of fluid and change diet. No big deal.”Did you second guess anything you had eaten the last couple days?“No, no. I’ve been on a pretty strict diet, anyway. So it was odd that it happened.”Were you worried that it was something serious?“I thought it was a kidney stone at first, but I wasn’t sweating or have any kind of chills or fever, so it wasn’t that. They diagnosed it right away.”Before leaving for this trip you talked about taking the team on the road to face the unexpected, is this part of it? Derrick Hall satisfied with D-backs’ buying and selling Cardinals coach Bruce Arians talks with the media on Aug. 17. (Photo by Adam Green/Arizona Sports) Top Stories The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo