21st March 2024 ASB / RecoveryInternational visitors are helping to drive regional economies but a weaker global economy and the Chinese market may mean it will take longer to reach pre-Covid peaks, says ASB.
7th December 2023 ASB / RecoveryChina’s slower recovery from Covid has constrained New Zealand’s tourism rebound, says ASB in its December 2023 Economic Forecast Update.
18th April 2023 ASB / EconomyThe key Chinese market is only in the early stages of recovery, says the bank.
31st March 2023 ASB / EconomyRegions hit hard by the downturn in international tourism during the pandemic have made a strong recovery.
24th November 2022 ASBThe 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.
29th June 2022 ASB / RecoveryAfter languishing at the bottom of the bank’s regional rankings, Otago and Southland are on the move.
26th January 2022 ASB / DataPopular summer holiday region Tasman has the strongest financial wellbeing in the country, according to ASB.
28th September 2021 ASB / EconomyThe West Coast has made a “stunning” return to the top of ASB’s latest measure of regional economic performance.
7th September 2021 ASB / EconomyASB Bank expects the economy to rebound 8% in Q4 if the elimination of Covid-19 in Auckland is successful.
30th March 2021 ASB / SurveyThe bank says Otago is the “perfect illustration of the struggles faced by the tourism-dependent regions”.
5th May 2020 ASB / businessBusiness and consumer confidence has plunged to record lows in April, says ASB in their latest Economic Weekly forecast.
21st December 2017 ANZ / ASBThe strengthening global economy, lower NZ dollar and increasing international mobility and connectivity will sustain the current tourism boom, according to bank ASB.
27th April 2017 ANZ / ASBShort-term visitor arrivals were flat in March compared to the same month last year marking the first period since 2014 when a new monthly record was not set.
