Understanding variability in tourism spend

A report released today by the Ministry of Business, Innovation and Employment shows that while arrival numbers and international tourism spend between 2013 – mid 2018 increased, this period was particularly variable in the short term.

Key findings include:
International visitor number and spend growth diverged at certain points within the 2013 to mid-2018 period

Factors such as exchange rates, composition of visitors and economic factors including airfares and fuel prices affect average visitor spend, and these often go beyond the tourism industry

The factors above affect regions differently

Tourism spend in New Zealand follows global trends

Monitoring changes in economic factors (especially exchange rates) and understanding their effect on international tourism spend is important for industry and Government planning.

Read a summary of Understanding variability in tourism spend 

Read the full Understanding variability in tourism spend report
Understanding variability in tourism spend