New Zealand Tourism Report - Business Monitor International - Industry Reports

New Zealand Tourism Report

New Zealand Tourism Report - Business Monitor International - Industry Reports
New Zealand Tourism Report
Published Aug 30, 2016
33 pages — Published Aug 30, 2016
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Abstract:

Total arrivals, --- (LHS) Total arrivals, ---, y-o-y (RHS) ---- ---- ---- ----f ----f ----f ----f ----f - -,--- -,--- -,--- -,--- -,--- - - - -- f = BMI forecast. Source: National sources, BMI The largest source region for international tourist arrivals to New Zealand is the Asia Pacific region, which is expected to account for over -.-mn arrivals in ----, rising to over -.-mn in ----. ...North America is the third largest market, while arrivals from the Middle East, Africa and Latin America are relatively minimal. In light of proximity and the ease of travel, it is unsurprising that Australia is the largest source market for New Zealand; we expect it will send just under -.-mn visitors in ----, consistent with the trend of increasing arrivals from Australia already observed in the previous years. The second largest share of arrivals in ----, a trend that will continue throughout the forecast period, was from Europe, with arrivals of ---,--- in ---- and ---,--- expected by the end of the forecast period in ----. ...In light of proximity and the ease of travel, it is unsurprising that Australia is the largest source market for New Zealand; we expect it will send just under -.-mn visitors in ----, consistent with the trend of increasing arrivals from Australia already observed in the previous years.

...< ALACRA META ABSTRACT>BMI View: The outlook for New Zealand s tourism industry is broadly positive. The country offers a wide range of attractions, including summer and winter holiday destinations, which helps to negate the seasonal travel slump. Transport connections are well developed, though as a far-flung holiday destination New Zealand is heavily reliant upon air travel for international arrivals. Hotel infrastructure would benefit from further investment; as visitor numbers increase we are gradually seeing an uptick in investor interest, particularly in the high-end sector. The tourism industry will also benefit from ongoing government support via extensive and effective global marketing campaigns. ...The tourism industry will also benefit from ongoing government support via extensive and effective global marketing campaigns. Table: Key Forecasts (New Zealand ---------) ---- ----e ----e ----f ----f ----f ----f ----f Hotel and restaurant industry value, NZDbn -.-- -.-- -.-- -.-- -.-- -.-- -.-- -.-- Hotel and restaurant industry value, NZDbn, y-o-y --.- --.- -.- -.- -.- -.- -.- -.- Hotel and restaurant industry value, USDbn -.- -.- -.- -.- -.- -.- -.- -.- Hotel and restaurant industry value, USDbn, y-o-y --.- --.- ---.- --.- --.- --.- -.- -.-

...International tourism arrivals to New Zealand have increased steadily in recent years, with the total number of visitors growing a robust -.- to over -.-mn in ----. Slightly slower though still positive growth is expected in ----, when total international arrivals are forecast to increase by -.- to reach just under -.-mn. ...

  
Source:
Document ID
2044-5865
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "New Zealand Tourism Report" Aug 30, 2016. Alacra Store. Dec 08, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/New-Zealand-Tourism-Report-2026-2147>
  
APA:
Business Monitor International - Industry Reports. (2016). New Zealand Tourism Report Aug 30, 2016. New York, NY: Alacra Store. Retrieved Dec 08, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/New-Zealand-Tourism-Report-2026-2147>
  
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