New Zealand Tourism Report Q1 2015

Business Monitor International
November 19, 2014
55 Pages - SKU: BMI5388632
Countries covered: New Zealand

New Zealand Tourism Report Q1 2015

The New Zealand tourism report looks at a range of key indicators in this small but expanding tourismmarket in the remote corner of the Asia Pacific region. Arrivals to New Zealand increased in 2013 and areexpected to rise in 2014 as well; we expect this growth trend to continue through the forecast period as thecountry raises its global profile and improves its international travel connections. The outbound travelmarket isn't far behind, with similar growth expected by 2018, creating a very healthy potential investmentenvironment.

Both the inbound and outbound tourism markets are dominated by countries within the Asia Pacific region,which account for around two-thirds of visitors and departing tourists. Australia is the most popular countryfor visitors from New Zealand, and also takes the top spot in terms of arrivals due to the geographicalproximity, range of travel connections and cultural/historical ties. Other popular destinations for touristsfrom New Zealand include the USA and UK, with Singapore, Hong Kong and Thailand not too far behind.

Travel to all these countries, and indeed all regions, is expected to increase throughout the forecast period asNew Zealand starts to experience more positive GDP growth and higher rates of private financialconsumption, both key indicators of potential outbound tourism. Overall we expect the number of outboundtourists to increase from just under 3mn in 2014 to 3.4mn in 2018.



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