NZ tourism growth exceeds industry targets, on track to reach 2025 goal

NZ tourism growth exceeds industry targets, on track to reach 2025 goal
Jonathan Underhill
By Fiona Rotherham May 11 (BusinessDesk) - The Tourism Industry Association has today reported on progress on its Tourism 2025 growth framework launched two years ago with tourism spending estimated to have reached $32.5 billion in the year ended March 31. In the two years since the growth framework was unveiled, the industry’s performance has exceeded all forecasts, with a 20.1 percent increase in international arrivals. Domestic tourism climbed 9.2 percent in the same two-year period. However, there’s been little progress on spreading v...