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New Zealand Tourism Report Q4 2016

  • September 2016
  • -
  • Business Monitor International
  • -
  • 33 pages

Includes 3 FREE quarterly updates

BMI View: The outlook for New Zealand's tourism industry is broadly positive. The country offers a widerange of attractions, including summer and winter holiday destinations, which helps to negate the seasonaltravel slump. Transport connections are well developed, though as a far-flung holiday destination NewZealand is heavily reliant upon air travel for international arrivals. Hotel infrastructure would benefit fromfurther 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 supportvia extensive and effective global marketing campaigns.

Key Updates And Forecasts

- New Zealand's hotel sector is attracting more investment. Wyndham is developing a new hotel inAuckland: the NZD50mn property is due to open in early 2018. There is also reportedly a high level ofinvestor interest in the Ambassador Hotel in Hamilton, which has been put up for sale. The 67-room hotelis currently part of the Choice chain.

- Improving accessibility is key to diversifying New Zealand's inbound source market. US-based carrierUnited Airlines launched a direct flight between San Francisco and Auckland in July 2016, part of a jointventure with Air New Zealand. US carrier American Airlines has launched a flight between Aucklandand Los Angeles.

- The improvement of transport connections along with effective tourism marketing campaigns is expectedto yield tangible results in the sector, and we are forecasting steady growth in inbound tourism of over4.5% annually over the course of the forecast period, leading to total arrivals of 3.9mn in 2020, up from3.3mn in 2016.

Table Of Contents

New Zealand Tourism Report Q4 2016
BMI Industry View 5
Table: Key Forecasts (New Zealand 2013-2020) 5
SWOT 7
Tourism 7
Industry Forecast 9
Table: Inbound Tourism (New Zealand 2013-2020) 13
Table: Tourism Receipts (New Zealand 2013-2020) 15
Table: Hotel Accommodation (New Zealand 2013-2020) 18
Table: Tourist Departures And Consumption (New Zealand 2013-2020) 19
Industry Risk/Reward Index 20
Table: Asia Tourism Risk/Reward Index 20
Rewards 21
Risks 21
Market Overview 23
Competitive Landscape 27
Domestic Hotel Groups 27
Table: Domestic Hotel Groups 27
International Hotel Groups 28
Table: International Hotel Groups 28
Methodology 30
Industry Forecast Methodology 30
Risk/Reward Index Methodology 31
Table: Weighting Of Indicators 33

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