Tourism firms will find it hard to grow revenue, Westpac says
The bank’s latest tourism sector report says more scale is needed.
Skyline Queenstown is a popular venue for international tourists.
Tourism firms have an opportunity for growth in the post-Covid environment as international visitors return in force, but a lack of scale and resources could hold them back, Westpac says.
Westpac industry economist Paul Clark said firms are going to find it increasingly challenging to grow revenues
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