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

 

Scoop Business: Alex Swney Pleads Guilty To $2.5M Fraud Charge

Alex Swney, former chief executive of the Auckland city centre business association Heart of the City, has pleaded guilty to dishonestly using documents to obtain $2.5 million. More>>

ALSO:

Petrol Burns Prices: Second Consecutive Quarterly Fall For CPI

The consumers price index (CPI) fell 0.3 percent in the March 2015 quarter, following a 0.2 percent fall in the December 2014 quarter, Statistics New Zealand said today. The last time the CPI showed two consecutive quarterly falls was in the December 1998 and March 1999 quarters. More>>

ALSO:

Scoop Business: NZ Broadcasters Launch Battle Against Global Mode ISPs

New Zealand broadcasters have confirmed they’ve launched legal proceedings against internet service providers who give customers’ access to “global mode”, which allows customers access to offshore online content, claiming it breaches the local content providers’ copyright. More>>

ALSO:

Sanford: Closure Of Christchurch Mussel Processing Plant Confirmed

The decision comes after a period of consultation with the 232 staff employed at the Riccarton site, who were told on 9 April that Sanford was considering the future of mussel processing in Christchurch. Recent weather patterns had impacted on natural spat (offspring) supply... More>>

ALSO:

Price Of Cheese: Dairy Product Prices Fall To The Lowest This Year

Dairy product prices fell in the latest GlobalDairyTrade auction, hitting the lowest level in the 2015 auctions so far, as prices for milk powder and butter slid amid concern about the outlook for commodities. More>>

ALSO:

Houston, We Have An Air Route: Air New Zealand To Fly Direct To The Heart Of Texas

Air New Zealand will fly its completely refitted Boeing 777-200 aircraft between Auckland and Houston up to five times a week opening up the state of Texas as well as popular nearby tourist states such as Louisiana and Florida. More>>

ALSO:

Scoop Business: Reserve Bank’s Spencer Calls On Govt To Rethink Housing Tax

The Reserve Bank has urged the government to take another look at a capital gains tax on investment in housing, allow increased high-density development and cut red tape for planning consents to address an over-heated Auckland property market. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news