Prices in Short Term Accommodation Rises

Prices in Short Term Accommodation RisesIt was seen from the Statistics New Zealand that the guest nights that were spent in commercial short term accommodation were up by 2% in March to 3.3 million.

It was noted that the maximum regional increase was in Otago which was up by 7% or 27,000 from March 2009, whereas in the Bay of Plenty it was 7% or 19,000 rise and in Canterbury by 2% or 12,000 rise.

The main falls were in Hawke's Bay/Gisborne, down 6000 or 4 percent, and in Wellington which dropped 1 percent or 2000.

It was seen that in the month of March international visitors report 1.6m of the guest nights which was up by 42,000 or 3% from the previous year.

Otago had the biggest rise in international visitor nights with a gain of 25,000 or 10% whereas Bay of Plenty rose by 11,000 or 9% and West Coast by 7000 or 8%.

It was noted that Taranaki/Manawatu-Wanganui had the biggest falls and had a drop of 7000 or 18%, whereas Hawke's Bay/Gisborne was down by 5000 or 12% and Wellington with a downfall of 5000 or 5%.

A gain was seen in the domestic guest nights by 32,000 or 2% to 1.7m. In Taranaki/Manawatu-Wanganui it rose by 11,000 or 9% and Bay of Plenty by 9000 or 6%.