Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search


Auckland leads New Zealand superyacht boom

Auckland leads New Zealand superyacht boom

Auckland enjoyed a record superyacht season between April 2013 and March 2014 with $29 million net economic impact to the regional economy.

The significant value of the superyacht sector is confirmed in an independent report by the Superyacht Intelligence Agency, which was commissioned by the Destination New Zealand Superyacht Attraction Initiative Group.

The report shows that 37 superyachts visited New Zealand throughout the season, with each yacht contributing more than $1 million in net economic value to the national economy – generating a combined total of $39.5 million.

Visiting superyachts spent the largest amount of time in Auckland – and of the $29 million total economic impact, $4.3 million was spent specifically on tourism related activities in the greater Auckland region.

Auckland Tourism, Events and Economic Development (ATEED) Chief Executive Brett O’Riley says Auckland is a natural mecca for superyachts.

“As well as the stunning cruising opportunities of the Hauraki Gulf, Auckland offers a world-class city, with shopping, dining and events right on the marina’s doorstep. Superyacht owners and crew love the range of experiences and the relative anonymity that a stay in Auckland offers,” says Mr O’Riley.

The strong superyacht season was buoyed by an expansion to Auckland’s main location for vessels to berth – Silo Marina in Wynyard Quarter – with the facility tripling in size.

Tourism New Zealand Director of Major Events, Trade and Public Relations, Justin Watson, says the country’s tourism sector benefited strongly from visiting superyachts last season.

“$8.25 million was spent specifically on tourism related activities. With owners and guests on-board for only 12 per cent of the average stay, the yachts’ crew had a higher contribution, spending a combined $6.7 million on tourism activities.”

“New Zealand offers a unique and diverse range of luxury products, experiences and culture, which make it ideal for superyacht owners to enjoy the destination for cruising,” he says.

The report confirmed the superyacht sector’s strong potential for growth and the significant economic benefit to both the tourism and marine sectors in New Zealand. Of the $39.5 million net economic benefit to the country, $31.25 million benefited the marine services sector.

Already well-established as a Pacific hub for superyachts with a penchant for adventure, New Zealand has also become a sought-after destination for yachts requiring refit and repair.

New Zealand is home to international award-winning superyacht yards and has many skilled tradespeople who refit some of the world’s most prestigious and high-performance luxury yachts.

Auckland is the hub of New Zealand’s marine sector with 60 per cent of the country’s industry based within the Auckland region.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Veronika Meduna: The Kaikoura Rebuild

A Scoop Foundation Investigation

Friday will be a big day for people north of Kaikōura – and for hundreds of construction workers who are racing to reopen State Highway 1 in time for the holiday season.

By the afternoon, the South Island’s main transport corridor will be open to traffic again, more than a year after a magnitude 7.8 earthquake mangled bridges and tunnels, twisted rail tracks and buried sections of the road under massive landslides. More>>


BPS HYEFU WYSIWYG: Labour's Budget Plans, Families Package

“Today we are announcing the full details of the Government’s Families Package. This is paid for by rejecting National’s tax cuts and instead targeting spending at those who need it most. It will lift 88,000 children out of poverty by 2021." More>>


Gordon Campbell: On Defence Spending, Alabama, And Dolly Parton

The spending lavished on Defence projects to meet the risks that could maybe, possibly, theoretically face New Zealand in future is breath-taking, given how successive governments have been reluctant to spend even a fraction of those amounts on the nation’s actual social needs. More>>


Members' Bills: End Of Life Choice Bill Passes First Reading

The End of Life Choice Bill in the name of David Seymour has been sent to a select committee for consideration by 76 votes to 44. It is the third time Parliament has voted on the issue in recent decades and the first time such a Bill has made it over the first hurdle. More>>


State Sector: MPI Survives Defrag Of Portfolios

The Ministry for Primary Industries will not be split under the new government, but will instead serve as an overarching body for four portfolio-based entities focused on fisheries, forestry, biosecurity and food safety. More>>


Gordon Campbell: On Vulnerable Kids, RNZ Funding, And Poppy

The decision to remove the word ‘vulnerable’ from the Ministry for Vulnerable Children could well mark a whole shift in approach to the care of children in need... More>>





Featured InfoPages