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

 


International visitor expenditure up nine per cent in March

International visitor expenditure up nine per cent in March 2014 year


Total visitor spend in New Zealand was up by nine per cent in the year ended March 2014 compared to the March 2013 year, according to the latest quarterly International Visitor Survey released by the Ministry of Business, Innovation and Employment (MBIE).

The Ministry’s Sector Performance Manager Peter Ellis says this increase puts total expenditure by visitors at $7 billion over the March 2014 year.

“This confirms what industry-watchers have been saying, that from the beginning of 2013 tourism business has picked up after five or six years that were really tough apart from the Rugby World Cup,” he says.

Total spending by visitors from the USA in this latest twelve month period was up an estimated 55 per cent to $727 million and spending by visitors from China rose 19 per cent to $869 million.

Spending by those here for a holiday in total is up 18 per cent to $4.2 billion.

“These changes broadly reflect the movement in visitor arrivals over the same period, although there is some evidence of an increase in spend per person by holiday makers,” Mr Ellis says.
Summary statistics are available in attached table, which indicates statistically significant changes in red/blue font.
Further details, including relative margins of error for the most common combinations of variables, are available on the Ministry’s website. The data tables on NZ.Stat will be updated in mid June 2014.
The survey results and information about the survey can be read online.
The International Visitor Survey is based on results from approximately 8,900 visitors departing New Zealand airports, with data released quarterly.

[ENDS]

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Facades And Parapets: $3 Million Fund To Help Make Wellington’s Buildings Safer

Wellington’s Mayor Justin Lester welcomes today’s announcement from the Government of a $3 million fund to assist Wellington building owners to secure unreinforced masonry on their buildings and says it will go a long way to keeping people safe in future earthquakes. More>>

ALSO:

Real Estate: Housing Prices Head South In Most Of NZ

Housing became more affordable for first home buyers in many parts of the country including Auckland last month, as falling prices more than offset rising mortgage interest rates. More>>

ALSO:

Cosmetics & Pollution: Proposal To Ban Microbeads

Cosmetic products containing microbeads will be banned under a proposal announced by the Minister for the Environment today. Marine scientists have been advocating for a ban on the microplastics, which have been found to quickly enter waterways and harm marine life. More>>

ALSO:

NIWA: 2016 New Zealand’s Warmest Year On Record

Annual temperatures were above average (0.51°C to 1.20°C above the annual average) throughout the country, with very few locations observing near average temperatures (within 0.5°C of the annual average) or lower. The year 2016 was the warmest on record for New Zealand, based on NIWA’s seven-station series which begins in 1909. More>>

ALSO:

Farewell 2016: NZ Economy Flies Through 2016's Political Curveballs

Dec. 23 (BusinessDesk) - New Zealand's economy batted away some curly political curveballs of 2016 to end the year on a high note, with its twin planks of a booming construction sector and rampant tourism soon to be joined by a resurgent dairy industry. More>>

ALSO:

NZ Economy: More Growth Than Expected In 3rd Qtr

Dec. 22 (BusinessDesk) - New Zealand's economy grew at a faster pace than expected in the September quarter as a booming construction sector continued to underpin activity, spilling over into related building services, and was bolstered by tourism and transport ... More>>

  • NZ Govt - Solid growth for NZ despite fragile world economy
  • NZ Council of Trade Unions - Government needs to ensure economy raises living standards
  • Get More From Scoop

     
     
     
     
     
     
     
     
    Business
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news