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

 

Court Ruling: Kiwifruit NZ Ordered To Consider Collaborative Marketing Proposals

The High Court has told kiwifruit marketer Zespri to reconsider collaborative marketing proposals from Splice Fruit and Seeka Kiwifruit to sell fruit offshore that its board had previously rejected. More>>

ALSO:

Electric Vehicles: No Road User Charges Feature In Govt Package

Drivers of electric vehicles won't have to pay road user charges and will be allowed to drive in bus lanes as part of a new government plan to double EV numbers annually to a target 64,000 by 2021. More>>

ALSO:

Pre-Budget: Computer Emergency Response Team, Assemble!

John Key told the country's first ever Cyber Security Summit in Auckland that the government had earmarked funding set up a national Computer Emergency Response Team to help prevent and act on cyber incidents in partnership with the private sector and other organisations. More>>

ALSO:

Job Cutter Goes: Mark Weldon To Step Down As MediaWorks CEO

“When I joined MediaWorks in August 2014, I had a mandate to lead a significant change programme to bring the business back from receivership into a position where it could once again be a strong competitor in the market, with a sound and sustainable future. It was a big brief, laden with inherent challenges, but I took it in good faith and have dedicated myself fully to the goal since." More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news