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


North Island Leads Guest Nights Increase

Embargoed until 10:45am – 11 October 2006

North Island Leads Guest Nights Increase

Guest nights in short-term commercial accommodation for the North Island were 4 percent higher in August 2006 than in August 2005, Statistics New Zealand said today. South Island guest nights were 1 percent higher when comparing the two August months.

Total guest nights were 3 percent higher in August 2006 compared with August 2005. The trend in total guest nights has levelled since October 2004, following a period of increases that began in July 1998.

Nine of 12 regions recorded more guest nights in August 2006 than in August 2005, with the Bay of Plenty, Auckland and Otago recording the largest increases.

Four of the five accommodation types recorded more guest nights in August 2006 than in August 2005, with motels and hotels recording the largest increases. Hosted accommodation was the only accommodation type to record fewer guest nights in August 2006 than in August 2005.

The August 2006 occupancy rate, excluding caravan parks/camping grounds, was 43 percent, compared with 42 percent in August 2005. Hotels recorded the highest occupancy rate in August 2006, followed by motels and backpackers/hostels.

Dallas Welch
Acting 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>>


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>>



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>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news