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Tourism economic effect on nz
Why tourism is important to New Zealand
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Executive Summary for 2009-2010
Tourism New Zealand was established to market New Zealand as a visitor destination overseas for the long-term benefit of New Zealand for the year 2009-2010.
• International tourism contributed some $9.5 billion, or 18.2 per cent, to New Zealand’s total export earnings in the year to March 2010, including airfare sales. Tourism New Zealand was firmly focused on improving tourism’s contribution to economic growth for New Zealand.
• Tourism New Zealand’s aim in 2009-2010 was to do with the increasing the number of visitors,how long they stay and how much they spend while in New Zealand.
• They achieved this by building an even stronger brand position for New Zealand through advertising and promotion in our key
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It will also deliver upto 85,000 visitors who we have the opportunity to convert to become New Zealand advocates, recommending a holiday here to their friends and families, and, we hope, returning themselves.Tourism New Zealand will also continue to work through our jointly-owned subsidiary Qualmark, and through our interests in the i-SITE visitor network, to ensure that visitors have a high-quality experience and go home positively promoting New Zealand to their friends and family.To deliver its new strategy, TourismNew Zealand will make the internalchanges required to align its managementstructure to deliver the strategy and …show more content…
. In the year end June 2011, over 2.5 million international travelers visited New Zealand.
Main aim for the year 2010-2011 were how much tourist are visiting New Zealand and how much are they ready to spend while visiting New Zealand.
Increasingly New Zealand was utilizing various media channel including the paid media channels to inspire the target customer to choose New Zealand as the next destination.
The market strategy that was adopted by New Zealand government for the year 2010-2011 focused on:
• Prioritizing the market and sector according to the growing economic growth
• Focusing on market conversion
• Partnership with subsidiaries
• Supporting Recovery from the Christchurch earthquake
• Strengthening organizational building capabilities
The main focus for 2010-2011 was on the recovery and rebuilding of Christchurch after it was impacted by an
The Christchurch earthquakes had a significant impact on the economy but also left the country in turmoil. Many economists were unaware of the economic impacts this event would have and the governments fiscal position was significantly impacted. The earthquakes spanned over 2 years in which the first struck on 4th September 2010 then almost 5 months later, the second hit on the 22nd February 2011. Christchurch was trying to recover from these horrific events as family homes and business were destroyed. This led to many consumers losing confidence in spending as priorities lay else where such as rebuilding homes. Unemployment rose as businesses were not able to operate in which many residents relied on for their livelihood. Christchurch entered a recovery phase which meant growth had to increase. The OCR
• Longer term, all out tourism utilization is gauge to reach $110.5 billion in 2020
Stabler, M.J. Papatheodorou, A. Sinclair, M.T. (2010). The economics of tourism 2nd edition. New York: Routledge.
"New Zealand Culture - Maori." New Zealand Travel and New Zealand Business. Tourism New Zealand, 2011. Web. 23 Apr. 2012. .
Currently New Zealand is finally recovering from the rapid economic growth it experienced in the mid-90s, now that the worst of the Asian financial crisis effects are over. New Zealand lost many export markets in Asia, but looked to the U.S. and European markets to replace the lost customers. The country remains dependent on trade due to its small size and isolation; price and access to foreign markets are a constant concern.
Tourism and Events Queensland focuses on targeted visitors from interstate, intrastate and international markets. Domestic tourism currently accounts for three-quarters of overnight visitor expenditure in Queensland and should continue to generate over two-thirds of expenditure by 2020. Share of expenditure from key inbound markets to 2020 is expected to grow, particularly from Asia. Tourism and Events Queensland’s tourism and event activities are developed to protect and maintain the current visitor markets as well as to attract and promote growth from new markets. (TQ annual report 2011
For the introduction, brief information regarding my purchase and the travel and tourism industry is presented. It was then followed by the explanation of the 2 chosen theories from two different chapters.
Tourism Research Australia, Department of Resources, Energy and Tourism. Tourism contribution to the Australian Economy, 1997-98 to 2009-10., [Online. Available at: [Accessed 7 March 2012].
If New Zealand is to see more growth in tourism we must try and make the country more attractive to visit. More flights, low visa requirements, favorable exchange rates are all facilitators that will make New Zealand more appealing. With a high level of promotions overseas that will motivate tourists to think of our country as a destination which will be able to satisfy their needs.
A proportion of these visitors are 96% ‘likely’ to recommend New Zealand in future, this has remained unchanged. USA, UK and Germany are most satisfied with their New Zealand Holiday experience. It has been observed that Japanese travellers are significantly more satisfied with their experience compared to past years. Visitors to New Zealand are also highly satisfied with the natural environment. It has been rated a high 9.0 out of ten and receives this high rating across all markets. With 78% believing New Zealand’s environmental practices are better than other countries. It has been found that experiencing natural scenery is a favourite amongst visitors to New Zealand. A decrease has been observed in the past year however, in the average number of activities being participated in, dropping 6.5% in the last year. Price has been seen as a problem in the current state of tourism results, it has been driven by lower satisfaction with price over quality. This has been especially so in the accommodation and food and beverage sector. Both of these are rated as high importance to visitors attributing 29% to the New Zealand holiday experience. Looking more into these sectors it has been observed that food and beverage has rated 8.1 out of ten and accounts for 10% of importance to the New Zealand holiday experience. The quality of food
Tourists are more dependable on website to get the information and overview of destination. Therefore one of the website of bay of island is www.tourism.net.nz, which gives complete information. In this assignment, we will mainly discuss about marketing mix, customer wants, creating value for the customer, destination location and tangible experience from tourism marketing perspective.
Travel has increased throughout the years. According to World Tourism Organization travel has increased by 5% in 2013 with 1,087 million people traveling. This is an additional 52 million international travels from the previous year. This increase in travel has brought a very positive impact on many economies around the world and is predicted to continue to do so in the following years. In 2014 UNWTO believes international travel will continue to grow up to 4-4.5%. Throughout the world the places most influenced by the demand for tourism are Asia and the pacific, Africa, and Europe (World Tourism Organization UNWTO). This increase in travel has shown that more people have decided to immerse themselves into new experiences and cultures, and that travel companies believe that more and more people will begin and continue to travel.
Tourism and Hospitality has developed rapidly and becoming extremely important to economy in the world. The income that several countries in the world receive from tourism industry can be reached to $1billion per year. In addition, Marketing is one of the most important factors that help and effect to tourism industry in many positive ways. Marketing evolved in the tourism industry since 1980. It promotes tourism industry by encouraging the tourists to travel at their destination with the strategy that made up to the tourist satisfaction. However, a marketing strategy does not have to be complex, in fact it should be a easily understood which ensure the advantage of marketing of the products and services to the tourist business to obtain positive
New Zealand has a developed economy focused on export and import of goods and services based on market openness and free trade with strong protection of property and intellectual property rights. New Zealand is a member of WTO and APEC. Additionally, country currently ranked as a 3rd among entire world with the finest and freest economic environment according to the index score 82.1 out of 100 for the 2015. (The Heritage Foundation, 2015) What’s, more indicators such as unemployment rate of New Zealand is 5.4. Moreover, inflation rate is just 1.2 percent then country ranked 8th out of 120 according to GDP per capita around the world (New Zealand Government, 2015). So all these positive factors together lead...
... the world is very popular for many famous people because they have to travel all over the world. Transportation is very important while traveling because some places you half to cross water or land to get around and is often not free. Tourism in Kenya is like the home of the safari, you have wild animals and tourist attractions.