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Figures released today show that 303,420 New Zealanders are directly or indirectly employed by the visitor economy.
The Tourism Satellite Account reiterates the important role of tourism as a major contributor to the New Zealand economy, generating $44.4 billion from visitor spending for the year to March 2024 right across the country.
“The big news amongst the big numbers is that while Kiwis’ were spending less, international visitors were providing an important stimulus to our economy. It also shows that tourism businesses were hiring and creating positive employment opportunities” says Tourism Industry Aotearoa chief executive Rebecca Ingram.
“What the figures signify is the individual efforts of many businesses and people across our country, their drive to deliver manaakitanga, and how their hard work bears fruit for the benefit of all of New Zealand.”
The results follow a flurry of positive tourism announcements made by the Government this month aimed at supporting the industry’s ongoing growth and conservation efforts.
“It is an exciting time for the sector, and we look forward to continuing to work alongside the Minister for Tourism and Hospitality as she progresses her Tourism Boost plans,” says Rebecca.
And there is scope for the industry to contribute further, “Our members are ready to provide memorable experiences across the country. New world-class conference centres in Auckland, Christchurch and Wellington provide vibrant infrastructure and investment in hotels provides real potential for growth – especially as we head into the Autumn and Winter periods.”
Looking at the drop in domestic spend, Ms Ingram notes that the data coincides with the first European summer after our boarders fully opened, which saw many Kiwi’s head offshore to visit families and friends. “Those that remained went on holiday but planned shorter stays and managed their money closely. These figures reinforce what we heard from our members at the time.”
Rebecca says that the TSA data provides the most comprehensive view of the tourism industry performance. “The data is hugely valuable, and we would love to see this released within six months of the reporting period so its insights can be of maximum benefit for the industry and government as it looks to boost the industry.”
