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ASB tips tourism to be “outperformer” as other industries slow
24 Nov 2022  

ASB tips tourism to be “outperformer” as other industries slow

The positive outlook for the tourism sector comes despite slowing economic growth, acute capacity constraints, low labour force and population growth, as well as widespread cost, price increases, and rising interest rates.


Tourism recovery “stronger than expected” – Infometrics
17 Nov 2022   /

Tourism recovery “stronger than expected” – Infometrics

Rising visitor arrivals, strong expenditure, and more guest nights are bolstering stronger-than-expected international tourism recovery in New Zealand and contributing to elevated economic activity.


Westpac “surprised” at speed of NZ tourism recovery, warns of headwinds
15 Nov 2022   /

Westpac “surprised” at speed of NZ tourism recovery, warns of headwinds

But the bank warns a new Covid wave, the cost of living crisis, and China uncertainty could drag growth.


Tourism helps economy rebound, NZ avoids recession
15 Sep 2022  

Tourism helps economy rebound, NZ avoids recession

The return of international visitors has given the country’s economy a boost.


ASB Classic could add $27m to Auckland economy
14 Sep 2022   /

ASB Classic could add $27m to Auckland economy

The ASB Classic tennis tournament could bring economic benefits of as much as $27m to Auckland when it returns in 2023, says sponsor ASB.


Marlborough visitor spend, guest nights fall…
9 Sep 2022   /

Marlborough visitor spend, guest nights fall…

Marlborough’s local tourism expenditure was down 7.7% in the year to June – more than the 6.6% drop reported nationally, according to Infometrics.


Tourism could bear brunt of young worker brain drain – Infometrics
31 Aug 2022   /

Tourism could bear brunt of young worker brain drain – Infometrics

An “exodus of youth” employees could hit NZ’s tourism hotspots just as the peak season starts.


Westpac upgrades tourism forecast with better than predicted arrivals
16 Aug 2022   /

Westpac upgrades tourism forecast with better than predicted arrivals

“Now that our borders are open, tourists are flocking in, regardless of the state of the global economy,” says the bank.


Queenstown seeks economic diversification tenders
5 Aug 2022   /

Queenstown seeks economic diversification tenders

Queenstown Lakes District Council is seeking tenders for the implementation of its District Economic Diversification Plan.


Border opening just one piece of tourism puzzle – chamber
2 Aug 2022   /

Border opening just one piece of tourism puzzle – chamber

The borders are open, but now New Zealand needs to remain competitive and attractive to tourists in a global market.


Hospitality “battle-hardened” for coming challenges – Bagrie
27 Jul 2022   /

Hospitality “battle-hardened” for coming challenges – Bagrie

The economy faces strong headwinds but hospitality is better prepared than many other industries to face the challenges, says Cameron Bagrie.


i-SITE network falls nearly a quarter but community-focused future beckons
26 Jul 2022   /

i-SITE network falls nearly a quarter but community-focused future beckons

The network drops to 59 locations, prompting Tourism NZ to take a closer look at how i-SITEs can evolve.


Staffing challenges drive Central NZ business confidence to 16-year low…
20 Jul 2022   /

Staffing challenges drive Central NZ business confidence to 16-year low…

Business confidence has dipped due to the pain of interest rates, finding skilled staff, and rising costs.


…while Canterbury’s tight labour market biggest business barrier
20 Jul 2022   /

…while Canterbury’s tight labour market biggest business barrier

The constrained labour market and lack of overseas workers are the biggest barrier to business, the Quarterly Canterbury Business Survey


Tourism’s “patchy” recovery faces headwinds – Infometrics
15 Jul 2022   /

Tourism’s “patchy” recovery faces headwinds – Infometrics

NZ’s economic performance will only stay positive thanks to the revival of the sector.


NZ tourism’s top climate change risks
30 Jun 2022   /

NZ tourism’s top climate change risks

The tourism sector is facing a combination of environmental and business risks that could make some operators unviable


Southern regions rise as international tourism revives – ASB
29 Jun 2022   /

Southern regions rise as international tourism revives – ASB

After languishing at the bottom of the bank’s regional rankings, Otago and Southland are on the move.


Westpac recovery forecast: Visitor numbers rising quickly
17 May 2022   /

Westpac recovery forecast: Visitor numbers rising quickly

The Chinese are yet to return but arrivals from other countries are on the move.


Long lead times, recovering market leaves little room to manoeuvre on prices
2 May 2022   /

Long lead times, recovering market leaves little room to manoeuvre on prices

Rising costs are prompting price revisions with little room to manoeuvre in a recovering market for ITOs and suppliers.


Inflation is at a 30-year high but can operators increase their prices?
29 Apr 2022   /

Inflation is at a 30-year high but can operators increase their prices?

The Ticker looks at how tourism businesses are coping with rising costs and whether they can increase prices in a recovering market.


WTTC predicts near total tourism recovery before 2023
22 Apr 2022   /

WTTC predicts near total tourism recovery before 2023

The World Travel & Tourism Council paints a rosy recovery with both global tourism GDP and employment near pre-Covid levels next year.


Business confidence among SMEs falls – MYOB
14 Apr 2022   /

Business confidence among SMEs falls – MYOB

Some 68% of local SMEs believe the New Zealand economy will decline in the next 12 months.


What industry wants to hear from today’s border announcement
16 Mar 2022  

What industry wants to hear from today’s border announcement

Tourism stakeholders share their hopes for changes to New Zealand’s border settings.


Westpac pushes out NZ’s international tourist recovery
22 Feb 2022   /

Westpac pushes out NZ’s international tourist recovery

The bank says NZ’s current self-iso border requirements will be too prohibitive for potential travellers.


Third wave of Auckland activity vouchers released
16 Feb 2022   /

Third wave of Auckland activity vouchers released

The third wave of the Explore Tāmaki Makaurau Voucher Programme is underway, with a further 50,000 vouchers allocated to registered Aucklanders.


Business leaders oppose move to lift minimum wage
14 Feb 2022  

Business leaders oppose move to lift minimum wage

Hospitality NZ chief executive Julie White said businesses could not be in a worse position to pay higher wages after the government announced the minimum wage increase to $21.20 per hour from 1 April 2022.


Sentiment sours on tourism, hospo spending – survey
9 Feb 2022   /

Sentiment sours on tourism, hospo spending – survey

People have gone into their shells “like never before during the pandemic” with a possible wave of business failures to come.


Credit ratings down 7% for tourism SMEs
3 Feb 2022  

Credit ratings down 7% for tourism SMEs

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…but it will boost the regions over summer, especially Otago – Westpac
15 Dec 2021   /

…but it will boost the regions over summer, especially Otago – Westpac

Tourism-dependent Otago has suffered from Auckland’s lockdown.


Total credit defaults fall in Nov, but rise in Auckland, Northland
8 Dec 2021  

Total credit defaults fall in Nov, but rise in Auckland, Northland

Credit defaults for businesses overall fell 5% in November compared to last month as the economy recovers heading into summer, according to Centrix.


PM unveils protection plan for living with Covid
22 Oct 2021  

PM unveils protection plan for living with Covid

New Zealand will move to a new “traffic light” system to replace the Alert Level system as full vaccination rates top the 90% mark, says prime minister Jacinda Ardern.


West Coast shrugs off tourism woes to top economic rankings – ASB
28 Sep 2021   /

West Coast shrugs off tourism woes to top economic rankings – ASB

The West Coast has made a “stunning” return to the top of ASB’s latest measure of regional economic performance. 


Spending bouncing back but Delta still a threat – BNZ
23 Sep 2021  

Spending bouncing back but Delta still a threat – BNZ

Consumer card spending is bouncing back to near pre-lockdown levels, according to a new Bank of New Zealand survey.


Where did our $10bn overseas travel spend go?
16 Sep 2021   /

Where did our $10bn overseas travel spend go?

Domestic tourism picked up a decent chunk but it wasn’t the top category, according to a new survey.


Auckland business situation “untenable” without support
10 Sep 2021  

Auckland business situation “untenable” without support

Auckland’s Heart of the City is asking for more government support to get businesses through the current Delta outbreak.


Support little local businesses – BusinessNZ
10 Sep 2021  

Support little local businesses – BusinessNZ

BusinessNZ is urging consumers to support ‘mom-and-pop’ local shops that have borne the brunt of the latest lockdowns.


Successful Covid elimination will bring economic bounce – ASB
7 Sep 2021   /

Successful Covid elimination will bring economic bounce – ASB

ASB Bank expects the economy to rebound 8% in Q4 if the elimination of Covid-19 in Auckland is successful.


Businesses hope for level 2, prep for new record keeping rules
6 Sep 2021  

Businesses hope for level 2, prep for new record keeping rules

Mandatory record keeping kicks in midnight Tuesday, at the same time most of the country could move to alert level 2.


TECTS: Domestic spend slows in July, still higher than pre-Covid levels
3 Sep 2021   /

TECTS: Domestic spend slows in July, still higher than pre-Covid levels

More areas saw visitor spend fall in July compared to the same month a year ago.


Tourism doing it tougher, mental health suffering – survey
1 Sep 2021   /

Tourism doing it tougher, mental health suffering – survey

With borders possibly closed for another summer, some operators are close to breaking point, says TIA’s Chris Roberts.


Lockdown optimism low for tourism-reliant regions
27 Aug 2021   /

Lockdown optimism low for tourism-reliant regions

A majority of businesses in Auckland, Waikato, Taupō and Tauranga are confident of surviving the pandemic, but optimism is much lower in areas heavily reliant on tourism.


Wage subsidy opens for applications
20 Aug 2021  

Wage subsidy opens for applications

The Ministry of Social Development/Work and Income is opening applications for the Wage Subsidy August 2021 from 9am today.


Industry groups welcome cautious plan for re-opening
13 Aug 2021   /

Industry groups welcome cautious plan for re-opening

There’s relief at seeing a plan but also acknowledgement that it won’t be a smooth path back.


Re-opening borders too early risks more lockdowns – Rob Fyfe
13 Aug 2021   /

Re-opening borders too early risks more lockdowns – Rob Fyfe

The Delta variant has changed the equation, says the former Air NZ boss.


“Massive” north v south divide as tourism struggles – ASB
5 Jul 2021   /

“Massive” north v south divide as tourism struggles – ASB

The divide between the north and south has widened due in part to the latter’s reliance on tourism, says the bank.


Tourism woes cut US$4tr to global economy
5 Jul 2021  

Tourism woes cut US$4tr to global economy

The crash in international tourism due to the pandemic may cause around US$4tr in damage to the global economy over 2020 and 2021, says a UN report.


NZ could face a ‘two-speed economy’ – BusinessNZ
25 Jun 2021  

NZ could face a ‘two-speed economy’ – BusinessNZ

A recent BusinessNZ Planning Forecast shows gross domestic product figures “holding up well, [but] constraints to growth are rising,” says chief executive Kirk Hope.


Fears govt’s ‘high value’ visitor focus will mean fewer international students
14 Jun 2021  

Fears govt’s ‘high value’ visitor focus will mean fewer international students

The tourism industry also faces a debate on transforming to ‘high quality’


Govt extends some visas, hospitality industry gives one cheer
10 Jun 2021   /

Govt extends some visas, hospitality industry gives one cheer

Extension seen as piecemeal rather than changing labour market paradigms for tourism.


Hamilton Waikato Tourism secures $575k for film initiative
10 Jun 2021  

Hamilton Waikato Tourism secures $575k for film initiative

Wharf project receives $2 million, while Hamilton-Waikato Tourism gets one-off grant of $575,000 over three year period.