Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 

Auckland leads New Zealand superyacht boom

Auckland leads New Zealand superyacht boom


Auckland enjoyed a record superyacht season between April 2013 and March 2014 with $29 million net economic impact to the regional economy.

The significant value of the superyacht sector is confirmed in an independent report by the Superyacht Intelligence Agency, which was commissioned by the Destination New Zealand Superyacht Attraction Initiative Group.

The report shows that 37 superyachts visited New Zealand throughout the season, with each yacht contributing more than $1 million in net economic value to the national economy – generating a combined total of $39.5 million.

Visiting superyachts spent the largest amount of time in Auckland – and of the $29 million total economic impact, $4.3 million was spent specifically on tourism related activities in the greater Auckland region.

Auckland Tourism, Events and Economic Development (ATEED) Chief Executive Brett O’Riley says Auckland is a natural mecca for superyachts.

“As well as the stunning cruising opportunities of the Hauraki Gulf, Auckland offers a world-class city, with shopping, dining and events right on the marina’s doorstep. Superyacht owners and crew love the range of experiences and the relative anonymity that a stay in Auckland offers,” says Mr O’Riley.

The strong superyacht season was buoyed by an expansion to Auckland’s main location for vessels to berth – Silo Marina in Wynyard Quarter – with the facility tripling in size.

Tourism New Zealand Director of Major Events, Trade and Public Relations, Justin Watson, says the country’s tourism sector benefited strongly from visiting superyachts last season.

“$8.25 million was spent specifically on tourism related activities. With owners and guests on-board for only 12 per cent of the average stay, the yachts’ crew had a higher contribution, spending a combined $6.7 million on tourism activities.”

“New Zealand offers a unique and diverse range of luxury products, experiences and culture, which make it ideal for superyacht owners to enjoy the destination for cruising,” he says.

The report confirmed the superyacht sector’s strong potential for growth and the significant economic benefit to both the tourism and marine sectors in New Zealand. Of the $39.5 million net economic benefit to the country, $31.25 million benefited the marine services sector.

Already well-established as a Pacific hub for superyachts with a penchant for adventure, New Zealand has also become a sought-after destination for yachts requiring refit and repair.

New Zealand is home to international award-winning superyacht yards and has many skilled tradespeople who refit some of the world’s most prestigious and high-performance luxury yachts.

Auckland is the hub of New Zealand’s marine sector with 60 per cent of the country’s industry based within the Auckland region.

Ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Perils Of Declaring Premature Victory


Sure enough, Saturday’s Vaxathon was a barrel of fun and a throwback not merely to the Telethons of the past. It also revived memories of those distant days of early 2020, when we were all carefully wiping down our groceries, not touching our faces, washing our hands for 20 seconds and responding to level four lockdowns by putting teddy bears in the window for the benefit of the little kids walking by in their family bubbles. Those were the days, when the Team of Five Million felt like a real, organic thing... More>>

RNZ: Prime Minister Jacinda Ardern announces Cabinet decision on Covid-19 alert levels


Northland will move to level 2 at 11.59pm on 19 October. Waikato will be held at level 3, to be reviewed on Friday. Auckland will remain in level 3 with current restrictions for another two weeks... More>>

ALSO:




 
 


Government: Red Tape Cut To Boost Housing Supply
First home buyers are set to benefit from changes to planning rules being advanced by the Government and the National Party that will enable more medium density housing and cut red tape that acts as a barrier to development... More>>

ALSO:

Economy: Inflation highest in over a decade
The consumers price index rose 2.2 percent in the September 2021 quarter, the biggest quarterly movement since a 2.3 percent rise in the December 2010 quarter, Stats NZ said today. Excluding quarters impacted by increases to GST rates, the September quarter movement was the highest since the June 1987 quarter... More>>

ALSO:


Government: New Zealand Increases Climate Aid Contribution

The Government is making a four-fold increase in the support it provides to countries most vulnerable to the climate emergency, Prime Minister Jacinda Ardern and Climate Change Minister James Shaw announced today... More>>



Pay Cheque To Pay Cheque: Half A Million New Zealanders Have No Savings
New findings from the Consumer NZ sentiment tracker found that 15% of New Zealanders had no savings, and a further 27% were anxious about their level of savings and would like to have more tucked away... More>>


Government: Mandatory Vaccination For Two Workforces

Large parts of two workforces critical to preventing the spread of COVID-19 will be required to be vaccinated, COVID-19 Response Minister Chris Hipkins said today. “Our education and health and disability workforces have done an incredible job throughout this pandemic to keep themselves and people safe,” Chris Hipkins said.... More>>


Green Party: Deeply Concerned Space Launches May Be Breaching Nuclear-free Laws

The Green Party is deeply concerned that space launches by Rocket Lab may be breaching nuclear-free laws, given our long-standing position as a signatory of the Nuclear Non-Proliferation Treaty... More>>


 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels