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Come for a visit
What drives visitor numbers to NZ
Source: Westpac
Visitor arrivals will rebound strongly in 2007 and 2008, with growth of 6 and 8% respectively, Westpac Chief Economist Brendan O’Donovan says in a new economic forecast for the tourism sector. He predicts annual visitor arrivals will reach 2.8 million by the end of 2008, from 2.4 million currently.
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Your place or mine?
Factors influencing NZ tourism departures
Source: Westpac
The domestic tourism market is likely to receive a boost because fewer New Zealanders will be holidaying overseas, Westpac Chief Economist Brendan O’Donovan says in a new economic forecast. He predicts short-term departures by New Zealanders will decline in the next two years, driven by rising airfares and a lower dollar.
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