|
Friday 21st October 2011 |
Text too small? |
New Zealand visitor numbers climbed by more than a quarter in September as an inflow of people for the Rugby World Cup landed for the six-week-long tournament.
Short-term visitor arrivals rose to 219,900 in September, up from 174,200 a year earlier, according to Statistics New Zealand. Of those, about 74,400 arrived for the sporting tournament, taking the three-month total of arrivals for the event to 80,000. The event attracted visitors from non-participating companies, Statistics NZ said.
“The underlying trend appears to remain relatively subdued,” ASB economist Jane Turner said. “Once the tournament finishes, the outlook for tourism activity remains challenging.”
The government expects the tournament, which does not end until this Sunday, Oct. 23, will have attracted some 95,000 people in total, and injectd $700 million into the economy, though officials haven’t figured out the net benefit for the country as some spending was put off until the event.
A surge of arrivals for the semi-finals and finals seems likely, with Auckland abuzz with reports of glamorous international visitors arriving discretely ahead of Sunday night’s test match.
New Zealanders took fewer trips in September, with just 167,400 taking an overseas holiday compared to 210,000 a year ago. The department said the main reason was due to the later timing of the school holidays to coincide with the Rugby World Cup.
Still, there was a seasonally adjusted net outflow of 700 New Zealanders who left the country long term in September, as more kiwis jumped across the Tasman, and fewer people entered the country on student and work visas. That’s the sixth net outflow in the past seven months, and takes the annual net migration inflow to 773.
“The weakness in net migration highlights ongoing weakness in total domestic consumer demand, and the lack of urgency to increase the OCR (official cash rate),” Turner said. “However, over the coming year, we expect that steady jobs growth will see skill shortages emerge, which will then encourage a pick-up in inward migration.”
BusinessDesk.co.nz
No comments yet
May 20th Morning Report
May 19th Morning Report
PYS - PaySauce to announce F26 full year results on 27 May 2026
PEB - Draft LCD Proposes Medicare Coverage for Triage and Triage
MEL - Meridian Energy monthly operating report for April 2026
FBU - Sale of South Australian property
AIR - Air New Zealand market update
May 14th Morning Report
PEB - Pacific Edge Placement Increased to NZ$25.4 Million
Radius Care Reports Earnings Growth and 50% Higher Dividend