International guest nights plumb 3-year low as tourism contracts

International guest nights plumb 3-year low as tourism contracts
Paul McBeth
By Paul McBeth Aug. 14 (BusinessDesk) - New Zealand's accommodation operators reported the fewest monthly international guest nights for three years in June as the tourism boom tapers off.  Statistics New Zealand's soon-to-be-defunct accommodation survey showed just 800,000 guest nights in June, down 3 percent from a year earlier. While June is traditionally a quiet month for international visitors, the decline was the seventh in a row and the lowest since June 2016.  "June is the quietest month of the year for commercial accommodation...

More Economy

Monthly CPI tech takes Stats NZ into the future
Economy

Monthly CPI tech takes Stats NZ into the future

Budget funding for new inflation-reporting tech is a giant leap forward, agency says.

Maria Slade 27 Jun 2025
Corporates think NZ 's on the up: Forsyth Barr
Primary Sector

Corporates think NZ 's on the up: Forsyth Barr

The Pulse of NZ Business survey found construction and retail continue to lag.

Gregor Thompson 25 Jun 2025
S&P/NZX 50 Index opens down after US strike on Iran
Economy

S&P/NZX 50 Index opens down after US strike on Iran

NZD/USD also under pressure as investors seek safe haven. 

Rebecca Howard 23 Jun 2025