Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Upward Trend in Guest Nights Continues


Upward Trend in Guest Nights Continues

The underlying trend in total guest nights in short-term commercial accommodation has been increasing since June 1998, according to Statistics New Zealand. Guests spent 2.0 million nights in accommodation during September 2002, 3 percent more than in September 2001.

Seasonally adjusted and trend estimates have been introduced for the five accommodation types.

Hotels, motels, backpackers/hostels and caravan parks/camping grounds have generally all shown growth in the underlying guest night trend over the past 12 months. During the past six months, the guest night trend for hosted accommodation appears to have been decreasing.

Ten of the 12 regions recorded more guest nights in September 2002 than in September 2001, with the Auckland region recording the most significant increase in guest nights, up 9 percent. The Auckland region contributed almost half of the increase in total New Zealand guest nights in September 2002, while the Canterbury region contributed 29 percent.

Brian Pink

Government Statistician


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>

ALSO:

Results:

Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news