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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 14 / 3816 | 
                
    
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This means for the company either prices will rise or efficiency will fall. It is also clear that the company has a great product in terms of the things New Zealand as a country has to offer. And with the plans to continue re investing to make sure THL offers the top holiday products as well as diversifying to cover every market (for example their âbackpacker youth brandâ) the company plans to carry on capitalising on the success of the tourism industry in NZ, as well as expanding further abroad...
        
        
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That result, plus the appointment of Hall, spurred a corporate restructuring into four trading divisions to raise turnoverâ (Allen, 2007). These trading divisions led to a 12% rise in turnover (Allen, 2007).In terms of turnover in the business it was at a high point in 2002 at $182 million, while in 2003 turnover decreased rapidly and since then has been rising...
        
        
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