NZ guest nights fell in May, snapping 25 consecutive monthly gains

NZ guest nights fell in May, snapping 25 consecutive monthly gains
Tina Morrison
By Tina Morrison July 12 (BusinessDesk) - New Zealand guest nights fell in May, snapping 25 consecutive months of rises, as fewer domestic guest nights offset a gain in international stays. National guest nights declined 0.4 percent to 2.3 million in May from the same month a year earlier, which was a record for the month, Statistics New Zealand said. Domestic guest nights dropped 6.4 percent in the latest month, while international guest nights jumped 9.7 percent, the statistics agency said. The country's accommodation sector has been...