Thursday , February 22 2018

Kiwis spending more on accommodation & travel

Kiwi tourists are spending more in New Zealand, boosting total spending on tourism to $36 billion in the year ended March 2017, Stats NZ said today.

Total tourism expenditure was up 1.9 percent ($686 million) following an 11 percent increase in the March 2016 year according to Tourism satellite account: 2017.

Spending by Kiwi tourists climbed to $21.4 billion in the latest year, up four percent ($820 million).

“The increase in domestic spending reflects continued strength in the retail, passenger transport, and hospitality sectors,” national accounts senior manager Gary Dunnet said.

International tourist spending eased slightly to $14.5 billion – down 0.9 percent ($135 million).

Other key provisional estimates for the year ended March 2017 include:

  • International tourism remained New Zealand’s largest export earner contributing 20.7 percent to total exports of goods and services.
  • International tourists generated $1.5 billion in GST revenue.
  • Overseas visitor arrivals increased 8.9 percent.
  • Tourism generated a direct contribution to GDP of $14.7 billion – 5.9 percent of GDP.
  • The indirect value added of industries supporting tourism generated an additional $11.3 billion for tourism – 4.6 percent of GDP.
  • 230,793 people were directly employed in tourism – 8.4 percent of the total number of people employed in New Zealand.

Tourism satellite account: 2017 includes new national and regional estimates of expenditure related to cruise ships visiting New Zealand. We calculated these estimates using data from various sources including cruise-ship schedules and manifests together with international card transaction data.

In the year ended June 2017, total cruise-ship expenditure was $306 million, up 12.5 percent, with Auckland and the Bay of Plenty regions benefitting the most from cruise ship visits.

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