Short-term accommodation trend flattens in January

Heritage Hotel in Auckland

Free audio stream, including stories that are padlocked on our site. Listen on any device, anywhere. Updated twice daily. The audio stream takes several seconds to start on Android devices.

Launch Radio player

New Zealand guest nights spent in short term commercial accommodation barely budged in January as an increase in hotel stays was offset by a drop for motels, backpacker and holiday park stays.

Adjusted national guest nights, which strip out seasonal and irregular movements, rose 0.1 percent in January, after slipping 0.2 percent the previous month, according to Statistics New Zealand. The total number of guest nights was 2.8 million.

The relatively flat January numbers come after a year of growth, said the government data collector, with unadjusted guest nights showing a rise of 6.1 percent compared to the same month last year. Adjusted international guest nights were unchanged for January compared to December, while domestic figures rose 0.6 percent.

"The trend for international guest nights is showing signs of growth," Statistics said in a statement, as unadjusted figures show a 7.8 percent rise in January compared to a year earlier.

North Island guest nights rose 0.5 percent, while in the South Island they dropped 0.4 percent. Unadjusted figures show 11 out of 12 regions rising, with Wellington dropping 4.4 percent in January on the previous year. The West Coast saw the biggest gain, rising 18.4 percent compared to a year earlier.

Nights spent in hotel accommodation rose 2.6 percent, while motel and backpacker guest nights fell 0.3 percent and holiday park guest nights slipped 0.2 percent.

(BusinessDesk)


This article is tagged with the following keywords. Find out more about MyNBR Tags

NZ Market Snapshot

Forex

Sym Price Change
USD 0.7511 0.0028 0.37%
AUD 0.9404 0.0002 0.02%
EUR 0.6617 0.0015 0.23%
GBP 0.4931 0.0020 0.41%
HKD 5.8226 0.0216 0.37%
JPY 89.7610 0.4050 0.45%

Commods

Commodity Price Change Time
Gold Index 1192.0 -1.200 2015-05-06T00:
Oil Brent 69.0 0.160 2015-05-06T00:
Oil Nymex 62.0 1.620 2015-05-06T00:
Silver Index 16.5 -0.080 2015-05-06T00:

Indices

Symbol Open High Last %
NZX 50 5765.3 5765.3 5765.3 -0.62%
NASDAQ 4956.7 4965.1 4939.3 -0.40%
DAX 11265.1 11335.7 11350.1 -0.79%
DJI 17934.8 18019.8 17928.2 -0.48%
FTSE 6933.7 6933.7 6933.7 -1.17%
HKSE 27567.6 27604.5 27640.9 -1.27%
NI225 19356.5 19461.1 19531.6 -1.23%