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

 

Low cost tourism sees growth despite doom, gloom

Media release attached above – and below

Media release – December 8, 2008

Low cost tourist operators sees growth despite doom and gloom


Low cost tourist operators may be in for a strong summer season despite a global economic re cession, Jucy car and camper rentals chief executive Tim Alpe said today.

Tourism Holdings (THL) recently announced they were 13 percent down on their forward bookings but Jucy said they were excited about growth in demand for the coming summer season.

``We are currently 30 percent up on budget going into December this year compared with December 2007. As the market is currently 10 percent down we are simply taking market share off our competitors,’’ Alpe said.

``We have seen a huge interest in our product as a result of customers looking for good quality cheaper vehicles as a result of the current economic downturn. These are people who may have traditionally gone with a top tier operator.

``We are also benefitting from a strong focus on web business which means that we are not as reliant on traditional distribution channels. We are also seeing the benefits of having a strong Kiwi-owned brand which is in turn generating more business from New Zealanders.’’

The NZ market has not traditionally been a market Jucy has concentrated on over summer, however this has changed and Alpe said Jucy was well positioned to capitalise on this business.

The decrease in Kiwis travelling off shore will have a positive impact on Jucy’s business over the next 12-18 months. They are also seeing growth in their business car rental. They are launching a new product call Lucy Club which is designed to encourage repeat hirers, especially businesses looking at ways to reduce their travel costs.


ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>

ALSO:

Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>

ALSO:

Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>

ALSO:

Divesting: NZ Super Fund Shifts Passive Equities To Low-Carbon

The NZ$35 billion NZ Super Fund’s NZ$14 billion global passive equity portfolio, 40% of the overall Fund, is now low-carbon, the Guardians of New Zealand Superannuation announced today. More>>

ALSO:

Split Decision - Appeal Planned: EPA Allows Taranaki Bight Seabed Mine

The Decision-making Committee, appointed by the Board of the Environmental Protection Authority to decide a marine consent application by Trans-Tasman Resources Ltd, has granted consent, subject to conditions, for the company to mine iron sands off the South Taranaki Bight. More>>

ALSO: