Kiwi tourism expenditure passes $20 billion

Thursday, 02 Jul, 2008 0

Tourists spent $20.1 billion in the year to March 2007, an increase of $896 million – or 4.7 per cent – from the previous March year, says Statistics New Zealand.

The report says that financial benefits reaped through the tourism industry grew nearly 5 per cent in the year to March 2007, with tourism expenditure passing $20 billion.

Tourists spent $20.1 billion in the year to March 2007, according to the Tourism Satellite Account, released today by Statistics New Zealand.

This was an increase of $896 million (4.7 per cent) from the previous March year.

Total tourism expenditure includes spending by both international and domestic tourists.

The main products bought were retail goods, including fuel (30 per cent); air travel (19 per cent); food and beverage (12 per cent); and accommodation (9 per cent).

The report said cheaper trans-Tasman airfares and a strong New Zealand dollar had led to continued strong growth in the number of New Zealanders holidaying in Australia and other overseas destinations.

International tourism contributed $8.8 billion to total New Zealand exports, and domestic tourism expenditure was $11.3 billion.

International visitors increased 2.8 per cent in the year to March 2007, following a decrease of 0.4 per cent in the year ended March 2006.

The tourism industry directly employed 108,100 full-time equivalent employees, or 5.8 per cent of total employment in New Zealand.

A Report by The Mole



 

profileimage

John Alwyn-Jones



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...