The tourism industry's confidence levels are the highest they
have been since September 2011, when the end of the Rugby
World Cup triggered a slump, a Government report says.
The business confidence index rose from 102 to 124 in the
September quarter - bouncing back from lows of 60 and 52 in
March and July 2012 respectively, according to the
Ministry of Business, Innovation and Employment's tourism
industry monitor. Ministry spokesman Peter Ellis said tourism
businesses' performance expectations were used to create the
The two most positive factors contributing to tourism
businesses' increased expectations this quarter were the
domestic and international visitor markets, while global
economic conditions remained a concern, Mr Ellis said.
''We've also seen an end for now to the strong regional
differences that were obvious in 2011. Tourism industry
confidence has been basically the same in the South Island as
the North in the past six months.''
Results were based on the latest 441 responses to the survey
sent to 1850 tourism businesses each quarter.