Sharechat Logo

NZ guest nights drop in October as unloved Canterbury offsets Rugby World Cup inflows

Monday 12th December 2011

Text too small?

New Zealand guest nights fell in October as a slump in visitors using paid accommodation in Canterbury offset an influx of overseas visitors in the country for the Rugby World Cup.

Total guest nights fell 1.5 percent in October, according to Statistics New Zealand. International guest nights rose 7.1 percent while domestic declined 6.5 percent, the figures show.

The earthquakes in Christchurch has hampered demand for short-term accommodation in the city, with the decline in Canterbury greater than the combined increases in Auckland, Wellington and Nelson/Marlborough/Tasman, the government statistician said.

The rebuild of Christchurch, which was delayed this year by aftershocks, may cost the country some $20 billion, according to government estimates.

The South Island led the decline in international guest nights in October, with an 11% drop compared to the North Island’s 4.7 percent gain. Canterbury saw a 29 percent decline, mainly reflecting fewer hotel guest nights, while in Southland the drop was 24 percent and in Otago it was a 5.1 percent slide.

Wellington led gains in the North Island, with international guest nights rising 40%, followed by a 33 percent increase in Auckland and a 19 percent gain for Waikato.

Total domestic guest nights fell 6.5 percent to 1.5 million, even after one week of the school holidays was shifted to October from September. Canterbury suffered the largest decline at 20 percent, reflecting the Feb. 22 earthquake, Statistics New Zealand said.

BusinessDesk.co.nz



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

SML - Synlait Milk Limited - Trading Halt of Securities
AIA - Auckland Airport announces board chair changes
AIA - Auckland Airport announces board chair changes
CEN - Tauhara commissioning progress update
FPH initiates voluntary limited recall
March 28th Morning Report
KFL Celebrates 20 Years of Excellence in Investment Mgmt.
SVR - Savor FY24 Earnings Guidance & Change in Banking Partner
NZK - NZ King Salmon Investments Limited FY24 Results
March 27th Morning Report