Chinese tourists to spend more, stay longer than Aussies: MBIE

Mon, 18 May 2015

By Anna Lu for BusinessDesk May 18 (BusinessDesk) - China is expected to overtake Australia as the biggest tourism market for New Zealand in terms of expenditure within seven years. With a 14 percent compound average growth rate, China is reckoned to increase its share of tourism spending in New Zealand from 14 percent last year to 23.6 percent in 2021, totaling $2.6 billion, as visitor numbers increase 11.6 percent, according to a forecast released by the Ministry of Business, Innovation and Employment at New Zealand's annual Trenz touri...

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