Short-term accommodation trends rise to record in May, Statistics NZ says

Wed, 10 Jul 2013

By Tina Morrison July 10 (BusinessDesk) – Stays in short-term accommodation in New Zealand rose in May to the highest level in the 17 years that the government statistician has been measuring the so-called trend series. The trend for national guest nights, which strips out seasonal and irregular movements to indicate an underlying direction, is showing sustained growth for the latest 12 months and is now at the highest level recorded in the history of the series, the department said in a report today. “The trend for both main islands, as wel...

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