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29 Sep 2024 15:21
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  •   Home > News > Business

    New Zealand's hospitality is continuing to limp forward, with a slight year-on-year revenue growth

    New Zealand's hospitality is continuing to limp forward, with a slight year-on-year revenue growth


    Restaurant Association's latest report reveals the sector increased 5.8 percent for the year ending March 2024.

    76 percent of businesses reported worse profits compared to the same period last year.

    For Auckland, sales revenue dropped by 0.7 percent over the latest quarter.

    CEO Marisa Bidois , says they're looking ahead.

    She says warmer weather, interest rate adjustments and cooling inflation should help.

    © 2024 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    All Blacks coach Scott Robertson is mulling how best to bring more new players into the environment ahead of the end of year tour More...


    BUSINESS BUSINESS
    Education could be key in addressing hesitancies for retired households using home equity to make ends meet More...



     Today's News

    Cricket:
    Hope from the Black Caps they can at least stretch the second cricket test with Sri Lanka into a fifth and final day 15:07

    Rugby:
    All Blacks coach Scott Robertson is mulling how best to bring more new players into the environment ahead of the end of year tour 14:57

    Business:
    Education could be key in addressing hesitancies for retired households using home equity to make ends meet 14:09

    Accident and Emergency:
    Two fires are burning each side of State Highway 33 near Paengaroa in the Bay of Plenty 14:09

    Christchurch:
    At least five people are injured including two seriously following an incident in Canterbury 13:27

    Law and Order:
    A man's received facial injuries after his Whangarei home was invaded last night 13:07

    International:
    Israel 'determined to keep fighting' in Lebanon despite assassinating Hezbollah chief Hassan Nasrallah 11:57

    Living & Travel:
    It's a greyhound takeover across the country, as enthusiasts are gathered for the great global walk 11:57

    International:
    Indonesia, Solomon Islands join countries banning nuclear weapons, putting Australia at odds with neighbours 11:27

    Law and Order:
    Kashmir's youth at the forefront of a crucial election amid tensions 11:17


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