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

 


International visitor spend decreases six per cent

For immediate release
19 February, 2013

International visitor spend decreases six per cent

Tourism New Zealand says the drop in international visitor spend is a result of the change in visitor mix and the impact of increased spend in 2011 by visitors attending the Rugby World Cup.

Kevin Bowler, Chief Executive says: “The increase in travellers visiting family and relatives (VFR), decrease in the average length of stay and a strong New Zealand dollar are all contributing to a decline in total spend.

"Australia and China provide our two biggest sources of visitors. However, these markets also have a high proportion of VFR and tend to stay for shorter lengths of time than the long-haul markets.

“Despite this, the spend from China increased by 42 per cent for the period.

“We continue to focus our efforts on increasing spend, particularly in the China market, with initiatives like the Premiere Kiwi Partnership programme that markets longer-stay, higher-value itineraries to free and independent travellers.

“Positively, the Japan market continues to show some signs of recovery, with total spend up 31 per cent to $273 million.

“The current economic situation in Europe, and New Zealand’s high exchange rate, has understandably impacted on long-haul arrivals and level of spend, with expenditure from the UK down 21.0 per cent and USA down 7.0 per cent.

“These markets remain valuable and a focus in our marketing activity, and we anticipate that the growing awareness of New Zealand as the result of the release of the first Hobbit movie and our focused marketing efforts will increase preference to travel to New Zealand across all markets – especially the long-haul markets of the USA.”

Total spend by international arrivals has decreased six per cent for the year ending December 2012, with total spend of $5.42 billion.

The results were released today by the Ministry of Business Innovation and Employment in its quarterly International Visitor Survey.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Sky City : Auckland Convention Centre Cost Jumps By A Fifth

SkyCity Entertainment Group, the casino and hotel operator, is in talks with the government on how to fund the increased cost of as much as $130 million to build an international convention centre in downtown Auckland, with further gambling concessions ruled out. The Auckland-based company has increased its estimate to build the centre to between $470 million and $530 million as the construction boom across the country drives up building costs and design changes add to the bill.
More>>

ALSO:

RMTU: Mediation Between Lyttelton Port And Union Fails

The Rail and Maritime Union (RMTU) has opted to continue its overtime ban indefinitely after mediation with the Lyttelton Port of Christchurch (LPC) failed to progress collective bargaining. More>>

Earlier:

Science Policy: Callaghan, NSC Funding Knocked In Submissions

Callaghan Innovation, which was last year allocated a budget of $566 million over four years to dish out research and development grants, and the National Science Challenges attracted criticism in submissions on the government’s draft national statement of science investment, with science funding largely seen as too fragmented. More>>

ALSO:

Scoop Business: Spark, Voda And Telstra To Lay New Trans-Tasman Cable

Spark New Zealand and Vodafone, New Zealand’s two dominant telecommunications providers, in partnership with Australian provider Telstra, will spend US$70 million building a trans-Tasman submarine cable to bolster broadband traffic between the neighbouring countries and the rest of the world. More>>

ALSO:

More:

Statistics: Current Account Deficit Widens

New Zealand's annual current account deficit was $6.1 billion (2.6 percent of GDP) for the year ended September 2014. This compares with a deficit of $5.8 billion (2.5 percent of GDP) for the year ended June 2014. More>>

ALSO:

Still In The Red: NZ Govt Shunts Out Surplus To 2016

The New Zealand government has pushed out its targeted return to surplus for a year as falling dairy prices and a low inflation environment has kept a lid on its rising tax take, but is still dangling a possible tax cut in 2017, the next election year and promising to try and achieve the surplus pledge on which it campaigned for election in September. More>>

ALSO:

Job Insecurity: Time For Jobs That Count In The Meat Industry

“Meat Workers face it all”, says Graham Cooke, Meat Workers Union National Secretary. “Seasonal work, dangerous jobs, casual and zero hours contracts, and increasing pressure on workers to join non-union individual agreements. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news