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Grant Webster: Tourism Holdings CEO on tourist spending returning to pre-pandemic levels

Grant Webster: Tourism Holdings CEO on tourist spending returning to pre-pandemic levels

Early Edition with Ryan Bridge · Newstalk ZB

February 26, 20253m 21s

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Show Notes

A return to form for international tourist spending. 

Data shows it was up 60% to nearly $17 billion in the year to March 2024, just under pre-pandemic levels. 

Total industry expenditure crossed $44 billion – a near 15% rise on the year prior. 

Tourism Holdings Chief Executive Grant Webster told Andrew Dickens it was bound to happen. 

He says it's in people's DNA globally to want to explore, and New Zealand's an attractive destination, so they're coming. 

However, there are questions over whether our infrastructure is up to a tourism boom. 

Queenstown officials believe New Zealand's shift from seeking high-wealth visitors to mass tourism is unsustainable. 

But Webster told Dickens he’s pushing back. 

He says it's a very small point relative to a few locations, at a short time of the year. 

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Topics

tourismtourist spendingtouristsgrant webstertourism holdings