Tourism Holdings is scouting for new investment opportunities in campervans overseas and is starting a shared economy service matching any RV owner with renters.

The company said New Zealand makes up about 50 per cent of its business now but that was likely going to decline as a percentage.

"The biggest markets are the US, Europe and the UK and out of that those are the markets where we have the lowest representation," said THL chief executive Grant Webster.

"We're scouting those markets and New Zealand and Australia on a broader tourism basis."


A First NZ Capital review earlier this year showed the business could handle a "reasonably sized" transaction itself.

Webster also said the company was dipping its toe into a shared economy business - a service matching owners of any campervans in New Zealand to those who want to rent them.

"We know how many RVs there are out there ... a large proportion of them sit around all year."

THL had sold around 6000 motorhomes in New Zealand in the past few years and while not every owner would want to rent theirs out, "that sharing mindset is changing and we're seeing it everywhere".

The Mighway service had recently been soft-launched but had now officially started.

There were other motorhome matching websites but Webster said THL had not been influenced by them.

"Timing-wise we haven't looked at others and thought that's something we need to be in to. The other point is that it can challenge our [existing] business models."

Company chairman Rob Campbell said THL would invest about $2 million in future value growth this year but it would not be diversifying from its Kiwi Experience, Waitomo Caves experience and its global motorhomes businesses.

"We now have the opportunity to grow the value of the business," he said. "This will all take place within our current business categories, now is not the time or space for straying from what we do best."

THL expects to lift profit 10 per cent to $22 million in the year ending June 30, 2016, up from $20.1 million in 2015.

Webster said the company was on track to reach annual net profit of $30 million by 2019 - a deadline he hoped could be beaten.

The company's shares have performed strongly during the past year rising from $1.60 12 months ago to a high of $2.30 earlier this month.

They closed yesterday at $2.28.