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

 


NZ guest nights fall in September, led by overseas visitors

NZ guest nights fall in September as international visitor numbers dwindle

By Paul McBeth

Nov. 12 (BusinessDesk) - New Zealand guest nights fell in September as locals failed to pick up the slack from dwindling international visitor numbers.

Total guest nights at short-term commercial accommodation fell 3.6 percent to 2.11 million in September, compared to the same month a year earlier, and were down 1.4 percent from August, according to Statistics New Zealand.

That was led by a 28 percent plunge in international visitor nights to 709,000 from the same month a year ago, when New Zealand accommodation was bolstered by the Rugby World Cup. International visitor nights were down 4.7 percent to a seasonally adjusted 956,000 from August.

"The trend for international guest nights has been generally falling since a high point in September 2011," Statistics NZ said in its report.

Government figures showed the number of short-term visitors shrank 19 percent to 179,100 in September from a year earlier, when the country was flooded by fans for the Rugby World Cup.

New Zealand tourism has been struggling to cope with a resiliently high currency and increasing costs of long-haul travel, which have tarnished the appeal of a holiday in the South Pacific. That's seen national carrier Air New Zealand streamline its routes and team-up with government agencies to target key markets.

Today's figures showed domestic guest nights were up 16 percent to 1.4 million from September 2011, though down 0.3 percent on a seasonally adjusted basis from a month earlier. Locals tended to shy away from short-term accommodation last year during the Rugby World Cup.

Hotel guest nights rose 2.3 percent to 809,000 in September from the same month a year earlier, and motels, motor inns, and apartments reported a 0.8 percent gain in guest nights to 869,000.

Backpackers showed a 16 percent drop in guest nights to 261,000 and holiday parks reported a 15 percent drop in guest nights to 294,000 from September 2011.

Accommodation capacity shrank 2 percent to 4.1 million in the year, while occupancy rates, excluding holiday parks, fell 2.3 percentage points to 43.5 percent.

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Must Sell 20 Petrol Stations: Z Cleared To Buy Caltex Assets

Z Energy is allowed to buy the Caltex and Challenge! petrol station chains but must sell 19 of its retail sites and one truck-stop, the Commerce Commission has ruled in a split decision that acknowledges possible retail price coordination between fuel retailers occurs in some regions. More>>

ALSO:

Huntly: Genesis Extends Life Of Coal-Fuelled Power Station To 2022

Genesis Energy will keep its two coal and gas-fired units at Huntly Power Station operating until 2022, having previously said they'd be closed by 2018, after wringing a high price from other electricity generators who wanted to keep them as back-up. More>>

ALSO:

Dammed If You Do: Ruataniwha Irrigation Scheme Hits Farmer Uptake Targets

Enough Hawke's Bay farmers have signed up for water from the proposed Ruataniwha Water Storage Scheme for it to go ahead as long as a cornerstone institutional capital investor can be found to back it, its regional council promoter announced. More>>

ALSO:

Reserve Bank: OCR Stays At 2.25%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2.25 percent, in a decision traders had said could go either way, while predicting inflation will pick up as the slump in oil prices washes out of the data and capacity pressures start to build in the economy. More>>

ALSO:

Export Values Down: NZ Posts Biggest Annual Trade Deficit In 7 Years

New Zealand has recorded its biggest annual trade deficit since April 2009, reflecting weaker prices of agricultural commodities such as dairy products, beef and lamb, and increased imports of vehicles and machinery. More>>

ALSO:

Currency Events: NZ's New $5 Note Wins International Banknote Award

New Zealand’s new Brighter Money $5 note has been named Banknote of the Year in a prestigious international competition. The $5 note was awarded the IBNS Banknote of the Year title at the International Bank Note Society’s annual meeting. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news