The Ministry of Business, Innovation & Employment (MBIE) has updated its tourism forecasts for key tourism markets for the 2016-2022 period.
MBIE says visitor arrivals to New Zealand are expected to grow 5.4% a year, reaching 4.5 million visitors in 2022 from 3.1 million in 2015 and total international spend is expected to reach $16 billion in 2022, up 65.5% from 2015.
Most of this forecasted growth is expected to come from holidaymakers and those visiting friends and relatives.
Australia is New Zealand’s largest visitor market, providing more than 1.3 million visitors in 2015. The forecasts show that this market will continue to be healthy and looks set to grow by 25 per cent by 2022. Another key market for New Zealand is China, and our tourism forecasts predict that China will become New Zealand’s largest market in terms of expenditure by 2017.
MBIE has provided an interactive web tool for users to explore the international forecast results for key markets.
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