Significant growth in international visitor spending
18 May 2018
Spending by international visitors in New
Zealand reached $10.9 billion for the year to March 2018,
according to the latest International Visitor Survey
released today by the Ministry of Business, Innovation and
Employment (MBIE).
MBIE’s manager of Sector Trends Mark Gordon says there has been significant growth in international visitor spending, with an increase of nine percent (or $866 million) compared with the year ended March 2017.
“International visitors from China and the United States made up around half of the overall growth in spending, contributing a total of $424 million. Rises in average spending and visitor numbers have helped to boost both markets, with the US seeing strong growth in spending by visitors aged 65 and over.
“March quarters are the strongest for international tourism spending, and the March 2018 quarter had the highest spend on record, totalling $4.2 billion. International visitors are also spending more per day than ever before. They spent on average $193 per day in the year ending March 2018, up eight per cent compared with the year ending March 2017,” says Mark Gordon.
The International Visitor Survey asks visitors to report on all of their spending, excluding international airfares. This includes all types of spending including cash, cards, tour packages and any spending before they arrived in New Zealand (e.g. booking accommodation online). The survey only includes expenditure by travellers aged 15+ and excludes individuals who are foreign-fee paying students.
Visit here for more information on the International Visitor Survey.
ENDS
University of Auckland: Junk Food Designed To Make Us Eat More, Study Finds
Spark: New Report Sets Out Outcomes-Led Approach To Lift Rural Connectivity Using The Right Mix Of Technologies
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

