Travel accommodation recorded 1% current value growth during 2013, generating NZ$2.8 billion in retail value sales. Nonetheless, value growth in 2013 was higher than the less than 1% growth seen during 2012 and in line with the 1% current value CAGR witnessed over the review period. Sluggish growth in 2013 for travel accommodation was due to the aftermath of the IRB Rugby World Cup tournament which was held in New Zealand during 2011.
Industry Prospects
Travel accommodation retail value sales are expected to increase by a value CAGR of 1% at constant 2013 prices over the forecast period to reach NZ$2.9 billion in 2018. This is compared with the negative 2% constant value CAGR witnessed over the review period. Higher growth will in part be due to the Christchurch rebuild as well as the positive growth expected for domestic and inbound tourism within New Zealand over the forecast period.
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- http://www.fastmr.com/prod/964983_travel_accommodation_in_new_zealand.aspx?afid=301
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Travel Accommodation industry in New Zealand with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Travel Accommodation industry in New Zealand, our research will save you time and money while empowering you to make informed, profitable decisions.
The Travel Accommodation in New Zealand market research report includes:
* Analysis of key supply-side and demand trends
* Detailed segmentation
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
* What is the market size of Travel Accommodation in New Zealand?
* What are the major brands in New Zealand?
* What is the rate of development for chained hotels vs independent hotels?
* How are luxury hotels performing compared to mid-priced and budget hotels?
* Is there an increase in hostels and campsites?
Reasons to Get this Report
* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats
* Inform your marketing, brand, strategy and market development, sales and supply functions
About Fast Market Research
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Travel Accommodation in New Zealand - New Study Released
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001