New Zealand Tourism Report Q1 2016

Date: November 4, 2015
Pages: 31
US$ 1,295.00
Report type: Strategic Report
Delivery: Download
ID: N857EE40C24EN

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Includes 3 FREE quarterly updates

BMI View: New Zealand's tourism industry is growing rapidly, supported by extensive government investment in both transport infrastructure and the accommodation sector, and visitor numbers are increasing steadily. A high degree of openness to foreign investment and the expanding inbound and domestic tourism markets are attracting various regional and international hotel developers, and a number of hotel projects are in the pipeline. As a long-haul destination for the vast majority of potential source markets, getting to New Zealand can be prohibitively expensive. Over the longer term, expansion of regional and international air travel connections will be vital to the sustainability of tourism growth.

Key Updates And Forecasts
  • The hotel sector continues to attract investment, with Sydney-based Rydges announcing the development of a new luxury hotel at Wellington Airport due to open in 2017, while the Novotel Ibis Auckland hotel was recently sold to CP Group for a record NZD55mn.
  • International air travel connections continue to expand: JetStar will launch new flights between New Zealand and the Cook Islands in 2016, while Air New Zealand and United Airlines are expanding capacity on the Auckland to San Francisco route.
BMI Industry View
  Table: Key Forecasts (New Zealand 2012-2019)
Industry Forecast
  Table: Inbound Tourism (New Zealand 2012-2019)
  Table: Tourism Receipts (New Zealand 2012-2019)
  Table: Hotel Accommodation (New Zealand 2012-2019)
  Table: Tourist Departures & Consumption (New Zealand 2012-2019)
Industry Risk/Reward Ratings
Industry Risk/Reward Index
  Table: Asia Tourism Risk/Reward Index
Market Overview
Competitive Landscape
Domestic Hotel Groups
  Table: Domestic Hotel Groups
International Hotel Groups
  Table: International Hotel Groups
Industry Forecast Methodology
Risk/Reward Index Methodology
  Table: Weighting Of Indicators
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