NZ guest nights hit record in August amid tourism boom

Tue, 11 Oct 2016

By Sophie Boot Oct. 12 (BusinessDesk) - New Zealand accommodation providers saw record highs for an August month this year, driven by a surge in international visitors. National guest nights jumped 6.4 percent to 2.45 million in August from the same month a year earlier, the highest ever recorded for the month, Statistics New Zealand said. The country's accommodation sector is in a sweet spot as record tourism pushes up demand, with research pointing to the need for increased hotel development over the next decade to avoid a looming sh...

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