NZ should look to domestic tourism to lift economy
FOR IMMEDIATE RELEASE
17 February 2012
NZ should look to domestic tourism to lift economy says Motel Association of New Zealand
New Zealand should look to domestic tourism as a means of economic growth amid an increasingly bleak global outlook says the Motel Association of New Zealand (MANZ).
The downgrade to the Government’s growth forecasts yesterday, caused largely by the continuing turmoil in Europe, means more Kiwis should be encouraged to spend their tourism dollar at home, MANZ Chief Executive Michael Baines says.
“Comments from the Finance Minister that events offshore could have a significant negative effect on the economy should serve as a wake-up call that we need to look at as many domestic drivers of growth as possible,” Mr Baines says.
New Zealanders account for about 70 per cent of guest nights in motels, so any reduction in the domestic growth forecast is concern for the industry.
Mr Baines noted that while Statistics New Zealand figures show the number of overseas tourists visiting New Zealand remains strong, they also show more than 2 million Kiwis took short-term trips out of the country during 2011.
“We would like to see a concerted effort from Government and the tourism sector to encourage Kiwis to holiday at home, enjoy what our fantastic country has to offer, and help lift the economy” Mr Baines says.
Encouraging Kiwis to be tourists locally and not overseas
leads to more jobs, greater demand for local goods and
services and increased investment in infrastructure by local
and central government.
“If the global uncertainty
triggers another world-wide recession, we will need to
ensure that we keep every dollar we can in New Zealand to
help us through,” Mr Baines
says.
Ends
Bill Bennett: Fixed Voice Rules Head For Deregulation
UN Department of Global Communications: United Nations Proposes New Global Dashboard To Measure Progress Beyond GDP
Banking Ombudsman Scheme: Fraud Check Delays Well Worth The Inconvenience, Says Banking Ombudsman
Asia Pacific AML: NZ’s Financial Crime Gap - Beyond The 'Number 8 Wire' Mentality
Westpac New Zealand: Kiwi Households Adapting Despite Widespread Cost Pressure Concerns, Westpac Survey Shows
University of Auckland: Kids’ Screen Use Linked To Long-Term Deficits In Self-Control And Attention

