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

 


Decrease in international visitors’ spend recorded


Media release

19 February 2013


Decrease in international visitors’ spend recorded

The Ministry of Business, Innovation and Employment’s quarterly International Visitor Survey, released today, shows a six per cent drop in spending by international visitors since 2011.

The Ministry’s Tourism Research and Evaluation Manager Peter Ellis says the year to December 2012 data shows that spending by international visitors is at its lowest since 2001.

“The drop in spending over the past year can be partly attributed to a 2 per cent drop in visitor numbers over the same period. The drop also reflects global economic conditions and the strong New Zealand dollar,” Mr Ellis says.

“2011 was a relatively good year for international tourism because of the Rugby World Cup, which overall outweighed the other challenges of that year. We’re now seeing a return to the decline in tourist spend that was occurring before the Cup.”

“The most significant aspects of the drop in spending are a decrease in UK visitors’ spend, and in the total amount that holiday visitors are spending.”

Mr Ellis says that the results from the quarterly survey are broadly consistent with the Ministry’s 2012 tourism forecasts. In 2012 the Ministry adopted a different forecasting methodology, commissioning NZIER to prepare forecasts using a best practice tourism forecasting model combining macro-economic and socio-demographic data.

“The International Visitor Survey results for the year ended December 2012 show that our forecasting was almost spot on for overall spend and for spend by Australian and Japanese visitors. Spend by visitors from the United Kingdom has decreased even faster than forecast.

“On the other hand, spend by Chinese visitors has increased by 42 per cent, exceeding our forecasts” Mr Ellis says.

China has been confirmed as New Zealand’s second largest tourist market.

Further details are available in the attached table, which indicates statistically significant changes in bold font. For example, the apparent increase in estimated Japanese spend per visit was within the survey’s margin of error for that subset of the data.

The International Visitor Survey is based on interviews of 5,200 tourists per year departing from New Zealand airports.

The survey results and information about the survey can be read online at http://www.med.govt.nz/sectors-industries/tourism/tourism-research-data/international-visitor-survey


[ends]

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice

The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>

ALSO:

Tomorrow, The UN: Feds President Takes Reins At World Farming Body

Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>

ALSO:

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

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:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news