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Bayleys Research
NEW ZEALAND TOURISM REVIEW NOVEMBER 2007FUTURE LOOKS BRIGHT FOR NZ TOURISMThe latest national tourism forecasts issued by the government’s tourism research department predict significant growth over the next six years. International visitor numbers reached a record high of 2.41 million in 2006, however, this total is forecast to grow substantially by 2013 when the total is tipped to reach 3.17 million, an increase of 31.4% over the period or an annual rate of 4%.
While the above figures reflect impressive growth they are eclipsed by the anticipated increase in total visitor expenditure which in 2006 sat at $6.38 billion but is forecast to grow at an annual rate of 7.4% to 2013 which will result in the total expenditure figure reaching $10.49 billion, a total increase of 64.6% over the forecast period.
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