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

 


NZ guest nights slip from three-year high in June

NZ guest nights slip from three-year high in June, as domestic stays drop

By Suze Metherell

Aug. 21 (BusinessDesk) – New Zealand guest nights fell 4.4 percent in June from a three-year high in May, as domestic overnight stays recorded the biggest drop off in 14 months.

Seasonally adjusted guest nights, which strip out seasonal and irregular movements, fell to 2.84 million, from 2.98 million in May and were up from 2.82 million in June last year, according to Statistics New Zealand. Unadjusted guest nights gained 1.1 percent to 1.88 million in June from the same month of 2013.

The underlying trend continued to rise, Statistics New Zealand said, as seasonally adjusted figures showed declines against May and April’s gains.

Domestic guest nights fell 8.1 percent in the month to a seasonally adjusted 1.67 million, the lowest level since December last year, and the biggest decline since a 19.9 percent drop in April 2013. International guest nights slipped 2.3 percent to 1.13 million, the biggest monthly drop in nine-months.

Guest nights across all accommodation types fell, led by a 7.8 percent decline in motels/motor inns/apartments to a seasonally adjusted 875,000. Holiday park stays fell 5.2 percent to 540,000, hotels/resorts dropped 2.8 percent to 1.02 million and backpackers slipped 2.2 percent to 404,000.

The average stay was 3.2 nights in June, down from 4.1 in May, and up from 0.5 the same month the previous year.

Unadjusted guest nights fell across all regions in the year, except in Auckland, Waikato, Otago and Southland. Auckland reported the biggest gain up 7 percent, while Wellington led declines dropping 6.8 percent and Canterbury edged down 0.1 percent from a year earlier.

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Drones: First Certificate Issued Under New UAV Rules

Transport Minister Simon Bridges and Associate Transport Minister Craig Foss say the first certified flight of an unmanned helicopter under new aviation rules is a great example of how they can enable commercial use. More>>

ALSO:

GE Swedes And Cow Deaths: Plant Analysis Backs Up Earlier Advice

The industry body is recommending that farmers do not feed Herbicide Tolerant (HT) swedes to cows in spring when the animals are in late pregnancy or early lactation. DairyNZ is also advising caution if farmers are considering other leafy varieties. More>>

ALSO:

Statistics: Dairy And Travel Still Our Largest Export Earners

New Zealand earned $2.3 billion more from exports than we spent on imports during the year ended June 2015... total exports of goods and services were $67.5 billion, while total imports were $65.1 billion. More>>

ALSO:

Approval: Air New Zealand And Air China Launch New Alliance Route

Air New Zealand and Air China have today launched joint sales for a new daily direct service between Auckland and Beijing after receiving approval from New Zealand Minister of Transport Hon Simon Bridges to form a strategic alliance. More>>

ALSO:

Money Trading: FX Trader Jin Yuan Finance Warned Over Lack Of Monitoring

Jin Yuan Finance, an Auckland-based foreign exchange trader, has been warned over its lack of anti-money laundering processes in place in the first public notification by the Department of Internal Affairs. More>>

ALSO:

Auckland Surge, Possible Peak: House Values Accelerate At Fastest Annual Pace In 8 Years

New Zealand residential property values rose at their fastest annual pace in eight years in August, pushed higher by overflowing demand in Auckland, which is showing signs speculators think it has reached its peak, according to Quotable Value. More>>

ALSO:

Cash Money: Reserve Bank Launches New $5 And $10 Banknotes

The $5 and $10 final banknotes were revealed at an event at the Bank in Wellington, and will start to be released from mid-October 2015. More>>

ALSO:

Truck Sales Booted: Commerce Commission Files Charges Against Mobile Trader

The Commerce Commission has filed charges against a mobile trader, or truck shop operator, claiming he obtained money from customers by deception and never intended to supply them with the goods they paid for. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news