Healthy tourism forecast to continue
On: 8 May 2018
The New Zealand Tourism Forecasts 2018-2024 were released today by the Ministry of Business, Innovation and Employment (MBIE).
Eileen Basher, General Manager, Research, Evaluation and Analytics, at MBIE, presented the forecasts at the TRENZ Conference in Dunedin.
“Australia, China, the United States and the United Kingdom will likely remain key markets, though China is expected to overtake Australia as our largest market by spend, reaching $3.1 billion annually by 2024 (compared with $3.0 billion for Australia),” she said.
“New Zealand’s tourism sector is forecast to grow steadily over the next seven years, reaching 5.1 million visitors annually by 2024, up 37 per cent from 2017.”
A healthy tourism industry is great for New Zealand and MBIE is looking forward to working with the industry over the next few years to support the tourism sector, she said.
“The forecasts provide a baseline for international tourism arrivals and spending. They can be used to help the industry plan strategically but are not in any way setting targets for specific markets.
We encourage the industry to use the forecasts in their planning so we can continue to provide visitors to New Zealand with high-quality experiences,” said Eileen Basher.
View the Tourism Forecasts