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15 Nov 2024 1:23
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  •   Home > News > Business

    International tourism continues its slow recovery from pre-Covid levels

    International tourism continues its slow recovery from pre-Covid levels


    Overseas visitor arrivals were at three-point-23-million for the year to September, which is up on the same month last year, but well below 2019's almost four-million.

    ASB Senior economist Mark Smith says part of our struggles include the global economy still recovering from Covid.

    He says the most important reason is that costs remain stubbornly high -- New Zealand's a reasonably expensive destination, and airfares are still very high.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     14 Nov: New Zealand's on track to have two-percent inflation by year's end
     14 Nov: Seasonal and global factors are playing into our food prices
     14 Nov: Leading economist Nouriel Roubini warns Donald Trump's economic policies could lead to slower economic growth and inflation
     14 Nov: Nationalism is surging – changing the way companies do business overseas
     14 Nov: Food price inflation is continuing to ease, although some items are getting more expensive
     14 Nov: New Zealand citizen departures continue in record numbers
     14 Nov: Home prices are continuing to fall, while rental prices are back on the rise
     Top Stories

    RUGBY RUGBY
    The All Blacks name their team to face France overnight tonight - with a few intriguing decisions to make More...


    BUSINESS BUSINESS
    New Zealand's on track to have two-percent inflation by year's end More...



     Today's News

    Politics:
    The Treaty Principles Bill has passed its first reading - after a disruptive haka in the House, and two MPs being booted out 21:57

    Entertainment:
    Tom Hardy will never be tempted by a move to Los Angeles 21:32

    Rugby:
    The All Blacks name their team to face France overnight tonight - with a few intriguing decisions to make 21:17

    International:
    The 7 best things Abbie Chatfield told Yumi Stynes about sex, love and life 21:07

    Entertainment:
    Luke Evans has been "through a lot" with his religious family after coming out as gay 21:02

    Entertainment:
    Kyle Richards was "terrified" to discuss her sexuality with her daughters 20:32

    Entertainment:
    Selena Gomez once hired out an entire botanical garden for a date with boyfriend Benny Blanco 20:02

    Entertainment:
    Britney Spears has reportedly reunited with her youngest son 19:32

    Entertainment:
    Francesca Farago has given birth to twins 19:02

    Law and Order:
    Police have released the names of three people killed, in a crash between a freight train and car at a crossing on Hamilton's Peachgrove Road, early yesterday 18:57


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