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Increased holiday spend drives full year growth – YE December 2013

Increased spend by holiday arrivals, up 8 per cent for the year ending December, has driven total spend by international arrivals - up 5 per cent to reach $6.7 billion for the year.

Chris Roberts, GM Corporate Affairs Tourism New Zealand says it is positive to see expenditure grow in line with the increase in arrivals throughout 2013.

"The increase in holiday spend reflects the significant growth in holiday arrivals - reiterating the value these visitors have delivered to both the industry and wider New Zealand economy.'

This is the first time that spend has reached a similar level to that in 2011 when New Zealand hosted the Rugby World Cup, and is the first full year to not include any RWC derived spend.

Growth in expenditure was led by the US (up 22 per cent), and Germany (up 20 per cent), with visitor spend reflecting strong arrivals from both markets through the year. Visitors from Asia, excluding China, Japan and Korea, also contributed to the growth with spend increasing 29 per cent to reach $650 million over the year.

Australia continues to be New Zealand's largest market, spending $2.2 billion, up 1 per cent on the prior year.

The year-end December 2013 International Visitor Survey (IVS) release is the second to include data from the redeveloped IVS and revised visitor spend series, and was issued by the Ministry of Business, Innovation and Employment.

For more information on the IVS and new methodology visit, www.mbie.govt.nz