Guest nights slip from three-year high in June, as domestic stays drop

New Zealand guests nights (monthly) (Source: NZ Stats)

New Zealand guest nights fell 4.4 percent in June from a three-year high in May, as domestic overnight stays recorded the biggest drop off in 14 months. 

Seasonally adjusted guest nights, which strip out seasonal and irregular movements, fell to 2.84 million, from 2.98 million in May and were up from 2.82 million in June last year, according to Statistics New Zealand. Unadjusted guest nights gained 1.1 percent to 1.88 million in June from the same month of 2013. 

The underlying trend continued to rise, Statistics New Zealand said, as seasonally adjusted figures showed declines against May and April’s gains. 

Domestic guest nights fell 8.1 percent in the month to a seasonally adjusted 1.67 million, the lowest level since December last year, and the biggest decline since a 19.9 percent drop in April 2013. International guest nights slipped 2.3 percent to 1.13 million, the biggest monthly drop in nine-months. 

Guest nights across all accommodation types fell, led by a 7.8 percent decline in motels/motor inns/apartments to a seasonally adjusted 875,000. Holiday park stays fell 5.2 percent to 540,000, hotels/resorts dropped 2.8 percent to 1.02 million and backpackers slipped 2.2 percent to 404,000. 

The average stay was 3.2 nights in June, down from 4.1 in May, and up from 0.5 the same month the previous year. 

Unadjusted guest nights fell across all regions in the year, except in Auckland, Waikato, Otago and Southland. Auckland reported the biggest gain up 7 percent, while Wellington led declines dropping 6.8 percent and Canterbury edged down 0.1 percent from a year earlier.

(BusinessDesk)


Got a question about this story? Leave it in Comments & Questions below.

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

NZ Market Snapshot

Forex

Sym Price Change
USD 0.7198 0.0007 0.10%
AUD 0.9373 -0.0004 -0.04%
EUR 0.6794 -0.0019 -0.28%
GBP 0.5797 -0.0002 -0.03%
HKD 5.5812 0.0003 0.01%
JPY 80.7200 0.0830 0.10%

Commods

Commodity Price Change Time
Gold Index 1258.3 7.630 2017-02-24T00:
Oil Brent 56.3 -0.650 2017-02-24T00:
Oil Nymex 54.0 -0.500 2017-02-24T00:
Silver Index 18.3 0.220 2017-02-24T00:

Indices

Symbol Open High Last %
NZX 50 7065.6 7091.2 7058.6 0.29%
NASDAQ 5802.3 5845.3 5835.5 0.17%
DAX 11858.1 11860.8 11804.0 0.00%
DJI 20751.9 20821.8 20810.3 0.05%
FTSE 7243.7 7285.2 7243.7 0.17%
HKSE 23941.8 24067.7 23965.7 -0.17%
NI225 19130.5 19179.0 19283.5 -0.91%
ASX 5739.0 5743.5 5739.0 -0.26%