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

 


Chinese visitor rise offsets fall in October vs RWC crowds

Chinese visitor rise offsets fall in tourist numbers from 2011 RWC spike

By Paul McBeth

Nov. 22 (BusinessDesk) - A steady increase in the number of Chinese visitors offset a fall in overall tourist arrivals last month, compared with the spike in arrivals last year for the Rugby World Cup.

The number of short-term arrivals fell 15 percent to 184,200 in October from the same month in 2011, and was down 0.6 percent on an annual basis, according to Statistics New Zealand. The monthly slump was due to the country being flush with visitors for the showcase rugby event in October 2011, with the biggest declines coming from Australian, British and South African visitors.

Asian short-term arrivals were the only region to gain in the month, led by a 44 percent jump in Chinese visitors to 15,344. Chinese short-term arrivals were up 39 percent to 53,884 on an annual basis.

New Zealand's tourism has struggled to recover from the global financial crisis in 2008 as rising long-haul travel costs and a resiliently high local currency tarnished the appeal of the South Pacific as a destination.

The rise in Chinese tourist arrivals chimes with a report this week from the Ministry of Business, Innovation and Employment and the Tourism Industry Association of New Zealand predicting a structural shift in the composition of tourism arrivals.

“Traditional markets like the United Kingdom and United States will continue to decline in the absence of any active market intervention, but this will be off-set by strong growth from China and Australia," the report said.

“New Zealand will face continuing challenges as a destination for traditional markets, due to the global financial crisis and emergence of low-cost European airlines. The forecasts provide encouragement for New Zealand’s tourism industry to do more to attract and cater for visitors from our Asia-Pacific neighbours.”

Today's figures showed an increase in net long term migration of 300, seasonally adjusted, with a net loss of 2,300 on an annual basis.

The diaspora to Australia continued in October, with 3,315 kiwis crossing the Ditch for a net outflow of departures versus arrivals from Australia of 2,576. That took the annual number of departures to 48,657, with a net loss to Australia of 39,363.

(BusinessDesk

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Company Results: Air NZ Rides The Tourism Boom With Record Full-Year Earnings

Air New Zealand has ridden the tourism boom and staved off increased competition to deliver the best full-year earnings in its 76-year history. More>>

ALSO:

New PGP: Sheep Milk Industry Gets $12.6M Crown Funding

The Sheep - Horizon Three programme aims to develop "a market driven, end-to-end value chain generating annual revenues of between $200 million and $700 million by 2030," according to a joint statement. More>>

ALSO:

Half Full: Fonterra Raises Forecast Milk Price

Fonterra Co-operative Group Limited today increased its 2016/17 forecast Farmgate Milk Price by 50 cents to $4.75 per kgMS. When combined with the forecast earnings per share range for the 2017 financial year of 50 to 60 cents, the total payout available to farmers in the current season is forecast to be $5.25 to $5.35 before retentions. More>>

ALSO:

Keep Digging: Seabed Ironsands Miner TransTasman Tries Again

The first company to attempt to gain a resource consent to mine ironsands from the ocean floor in New Zealand's Exclusive Economic Zone has lodged a new application containing fresh scientific and other evidence it hopes will persuade regulators after their initial application was turned down in 2014. More>>

Wool Pulled: Duvets Sold As ‘Premium Alpaca’ Mostly Sheep’s Wool

Rotorua business Budge Collection Limited (Budge) and sole director, Sun Dong Kim, were convicted and fined a total of $71,250 in Auckland District Court after each pleading guilty to four charges of misrepresenting how much alpaca fibre was in their duvets. More>>

Reserve Bank: Labour Calls For Monetary Policy To Expand Goals

Labour's comments follow a speech today by RBNZ governor Graeme Wheeler in which Wheeler sought to answer critics who variously say he should stop lowering interest rates, lower them faster, or that inflation-targeting should no longer be the primary goal of the central bank's activities. More>>

ALSO:

BSA Extension And Sunday Morning Ads: Digital Convergence Bill Captures Online Content

Broadcasting Minister Amy Adams has today announced the Government’s plans to update the Broadcasting Act to better reflect today’s converged market... The Government considered four areas as part of its review into content regulation: classification requirements, advertising restrictions, election programming and contestable funding. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news