Some tourism-related industries in New Zealand have even been performing better than before the pandemic.
WELLINGTON, New Zealand – When cruises started taking bookings at the end of the COVID-19 pandemic, Australians Eunice and John Rowley quickly made plans for their first ever visit to“We heard on the 9 o’clock news bulletin that they were opening up cruises and by the afternoon we had two cruises booked,” said Eunice, who is traveling with her husband on the Grand Princess around New Zealand.
“It’s been pretty busy across our portfolio,” said Stephen England-Hall, chief executive of RealNZ, which operates a number of tourist activities in New Zealand’s South Island such as cruises and jet-boat rides. Before the pandemic, tourism was New Zealand’s largest source of foreign exchange and accounted for about 5.5% of gross domestic product .
Tourists are having to spend more because inflation in New Zealand is near a three-decade high but Brad Olsen, principal economist at Infometrics, said it was difficult to fully understand why the figure was up so much.
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