Tourism losses of $3.5b in covid-19 crisis

Wed, 08 Apr 2020

Tourism New Zealand chief executive Stephen England-Hall was candid when asked to quantify the costs to the country's tourism sector as a result of covid-19 global restrictions.“I stopped counting when we reached $1 billion,” he said.New Zealand's top tourism marketer told a Trans-Tasman Business Circle webinar today that the early loss of Chinese visitors to the country in February had been worth around $300 million, even before New Zealand went into lockdown. “New Zealand generates about $1.5 billion a month from international visitors o...

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