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

 

Media: Julian Wilcox Leaves Māori TV

Māori Television has confirmed the resignation of Head of News and Production Julian Wilcox. Mr Maxwell acknowledged Mr Wilcox’s significant contribution to Māori Television since joining the organisation in 2004. More>>

ALSO:

Genetics: New Heat Tolerant Cow Developed

Hamilton, New Zealand-based Dairy Solutionz Ltd has led an expert genetics team to develop a new dairy cow breed conditioned to thrive in lower elevation tropical climates and achieve high milk production under heat stress. More>>

Fractals: Thousands More Business Cards Needed To Build Giant Sponge

New Zealand is taking part in a global event this weekend to build a Menger Sponge using 15 million business cards but local organisers say they are thousands of business cards short. More>>

Scoop Business: NZ Net Migration Rises To Annual Record In September

New Zealand’s annual net migration rose to a record in September, beating government forecasts, as the inflow was spurred by student arrivals from India and Kiwis returning home from Australia. More>>

ALSO:

Scoop Business: Fletcher To Close Its Christchurch Insulation Plant, Cut 29 Jobs

Fletcher Building, New Zealand’s largest listed company, will close its Christchurch insulation factory, as it consolidates its Tasman Insulations operations in a “highly competitive market”. More>>

ALSO:

Scoop Business: Novartis Adds Nine New Treatments Under Pharmac Deal

Novartis New Zealand, the local unit of the global pharmaceuticals firm, has added nine new treatments in a far-ranging agreement with government drug buying agency, Pharmac. More>>

ALSO:

Crown Accounts: English Wary On Tax Take, Could Threaten Surplus

Finance Minister Bill English is warning the tax take may come in below forecast in the current financial year, as figures released today confirm it was short by nearly $1 billion in the year to June 30 and English warned of the potential impact of slumping receipts from agricultural exports. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news