Friday 10th July 2009 |
Text too small? |
South Island tourism operators are being shielded from the recession by continuing growth in international visitor nights spent in Te Wai Pounamo.
South Island international visitor nights were up 5% in May this year, compared with May 2008, before the credit crunch hit global consumer demand later in the year, according to the monthly Accommodation Survey, prepared by Statistics New Zealand, the government agency.
That helped push total South Island visitor nights up by 2%, despite a nationwide fall in domestic visitor nights of 1%, compared with the same month a year ago.
North Island international visitor nights fell by 6%, possibly reflecting a very large decline in business travel recorded in international arrival statistics separately reported. This might be expected to affect Auckland and Wellington accommodation demand.
Businesswire.co.nz
No comments yet
Skellerup achieves another record result
August 21st Morning Report
Me Today signals capital raise and provides trading update
Seeka Announces Interim Result and Updates Guidance
FBU - Fletcher Building announces FY25 Results
August 20th Morning Report
RUA - New Zealand grown products support Rua's global strategy
Devon Funds Morning Note - 19 August 2025
Seeka Announces 15 cent Dividend
MCY - Major renewable build advanced despite 10% earnings dip