NZ guest nights flat in August as foreign stays taper off

NZ guest nights flat in August as foreign stays taper off
By Paul McBeth Oct. 10 (BusinessDesk) - New Zealand guest nights were largely flat in August from a month earlier as a gain from domestic travellers was offset by a drop in foreign stays. Seasonally adjusted guest nights were almost unchanged at 2.87 million in August from July, according to Statistics New Zealand. Of that, domestic guest nights rose 0.4 percent to 1.74 million in the month and international guest nights fell 2.3 percent to 1.12 million. On an unadjusted basis, guest nights were up 3.3 percent to 2.21 million in August fr...