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

 

North Island accommodation quieter in August


North Island accommodation quieter in August

11 October 2017

This August, a fall in domestic guest nights in the North Island caused a relatively flat month for New Zealand accommodation, Stats NZ said today. National guest nights for the month were 0.3 percent lower than August 2016.

"Increases in domestic guest nights in the South Island, and modest increases in international guest nights in both islands, weren't enough to offset the North Island’s decrease in domestic guest nights this August," accommodation statistics manager Melissa McKenzie said.

Guest nights spent in the North Island dropped 3.6 percent from August last year, driven by a 5.8 percent fall in domestic guest nights. In contrast, guest nights in the South island were 4.8 percent higher than August 2016, driven by a rise in domestic guest nights.

Guest nights fell the most in Auckland, Wellington, and the Waikato. In the South Island the biggest regional increases were in Canterbury, Nelson/Marlborough/Tasman, and the West Coast.

For the year ended August 2017, 39 million guest nights were spent in short-term commercial accommodation, an increase of 1.1 million on the previous August year.

Ends


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Reserve Bank: Ongoing Monetary Tightening
The Monetary Policy Committee today increased the Official Cash Rate (OCR) to 3 percent from 2.5 percent. The Committee agreed it remains appropriate to continue to tighten monetary conditions... More>>



Statistics: Weekly Earnings Rise As More In Full-time Employment

Median weekly earnings from wages and salaries rose by 8.8 percent to $1,189 in the year to the June 2022 quarter, Stats NZ said today... More>>



Bell Gully: Uncertainty Ahead With New Unconscionable Conduct Legislation

new prohibition against ‘unconscionable conduct’ in trade is one of a number of changes to the Fair Trading Act 1986 that come into force from 16 August 2022. The new prohibition may have wide-ranging implications for many businesses... More>>


Electricity Authority: Imposes Interim Restrictions On Very Large Electricity Contracts

Consumers of electricity will be protected from potentially paying more than they should due to the impact of very large electricity contracts on wholesale prices, under urgent changes announced today by the Electricity Authority... More>>


Westpac: Economic Overview, August 2022 – Pushing Through

The New Zealand economy faces some lean growth in the year ahead as households’ budgets are squeezed, according to Westpac’s latest Economic Overview... More>>


Kiwi Group Holdings: Fisher Funds Acquires Kiwi Wealth Business

Kiwi Group Holdings Limited (KGHL) today announced the sale of Kiwi Wealth to Fisher Funds for NZ$310 million... More>>