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

 


Convention centre will benefit Wellington business

Convention centre will benefit Wellington business


Hotels and many other Wellington businesses will benefit from the convention centre proposed for the capital, the Tourism Industry Association New Zealand (TIA) says.

“Business events have been identified in the tourism industry’s Tourism 2025 growth framework as a high value segment and growing opportunity for New Zealand’s tourism industry. It is also a segment that brings business and visitors to New Zealand in our shoulder and off peak periods,” TIA says in its submission to Wellington City Council on the convention centre proposal.

Travellers who come to New Zealand for business events are high value, spending an average of $318 per night against an average international visitor’s spending of $208 per night. They spend their money with a range of local businesses, including retailers, hospitality providers, taxi drivers, hairdressers and petrol stations, benefiting many sectors beyond tourism, Chief Executive Chris Roberts says.

Wellington hotel convention and incentive business has remained static over the last six years, Mr Roberts says. A convention centre of the size proposed for Wellington will appeal to the extensive Australia/New Zealand market for conferences of 600-800 delegates. There are a large number of association conferences where the compact nature of Wellington and the ease of getting about the city and its attractions will appeal.

“Without investment in the convention centre, Wellington runs a significant risk of falling off the convention and events radar,” he says.

However, TIA has concerns that the proposed funding for the convention centre would see businesses operating within the downtown levy catchment area contributing twice, through both the downtown levy and general rates. It says the convention centre should be funded from general rates, or limit the downtown levy contribution to the first three years.

• TIA represents the interests of 22 hotels in the Wellington region. This equates to 3000 rooms or over one million room nights per year. In 2013, Wellington hotels operated at around 74% occupancy or approximately 0.8 million room nights sold. Over 70,000 of these room nights were sold to convention and incentive delegates, representing $10 million in accommodation revenue. In addition, Wellington hotels earned another $15 million in on-site residential conference revenue such as room hire and provision of food and beverages.

To read the full submission, go to www.tianz.org.nz/main/local-government


ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Hager Raid: Westpac Wrong To Release Bank Records To Police

The Privacy Commissioner has censured Westpac Banking Corp for releasing without a court order more than 10 months of bank records belonging to the political activist and journalist Nicky Hager during a police investigation into leaked information published in Hager's 2014 pre-election book, 'Dirty Politics'. More>>

ALSO:

EARLIER:

Crown Accounts: Government Ekes Out Six-Month Surplus Of $9M

The New Zealand government eked out a tiny surplus in the first six months of the fiscal year as growth in domestic consumption lifted the goods and services tax take, while uncertainties over the Kaikoura earthquake costs meant expenses were less than expected. More>>

ALSO:

Almost 400 Jobs: Shock At Cadbury's Dunedin Factory Closure

Workers at Cadbury in Dunedin are reeling after learning this morning that the iconic Cadbury factory is to close, with the loss of almost 400 jobs... “The company had reported it was doing well and this has come out of the blue,” says Chas. More>>

ALSO:

Transport: Boards Of Inquiry For Auckland Roading Projects

Boards of Inquiry have been appointed to decide on two significant Auckland roading projects in a move which will get a decision by the end of the year, Environment Minister Dr Nick Smith and Conservation Minister Maggie Barry announced today. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news