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

 


Occupancy Rates Reach Record High


Occupancy Rates Reach Record High

Occupancy rates in short-term commercial accommodation reached a new high in February 2005, Statistics New Zealand said today. The February 2005 occupancy rate of 69.2 percent, excluding caravan parks/camping grounds, was the highest rate recorded for any month since the survey began in July 1996. Hotels and motels both recorded their highest monthly occupancy rates since the survey began. February is traditionally the peak month for occupancy rates each year.

Total guest nights were 3.2 million in February 2005, a 1 percent increase compared with February 2004. In February 2005, guest nights remained at a similar level in the North Island compared with February 2004, and were up 3 percent in the South Island. The 2004 calendar year was a leap year with the extra day in February 2004 falling on a Sunday.

Eight of the 12 regions recorded more guest nights in February 2005 than in February 2004.

Otago (up 16,000) recorded the largest increase, followed by Taranaki/Manawatu/Wanganui (up 13,000) and Canterbury (up 9,000). Four of the five accommodation types recorded more guest nights in February 2005 than in February 2004, with hotels and backpackers/hostels recording the largest increases.

Ian Ewing

Acting Government Statistician

END

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: 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>>

ALSO:

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:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news