Mark Knoff-Thomas: Newmarket Business Association CEO on the 30% rise in international visitor spending
Early Edition with Ryan Bridge · Newstalk ZB
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Show Notes
The economic value of cruise-ships is on full-display as the season draws to a close.
They've brought in 350,000 visitors, with an estimated value of $540 million.
Newmarket Business Association Chief Executive Mark Knoff-Thomas told Francesca Rudkin they've seen a 30% rise in international visitor spending this season.
But the bounce-back may be short-lived, a 20% decline in port visits is projected for next season as rising costs bite the market.
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