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Paul Clark: Tourism Industry Economist says industry is going to find it increasingly challenging to make a profit

Paul Clark: Tourism Industry Economist says industry is going to find it increasingly challenging to make a profit

Early Edition with Ryan Bridge · Newstalk ZB

July 20, 20233m 38s

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Show Notes

A new Westpac report has revealed our tourism is doing well - but could do better.

The latest Westpac Economic Tourism bulletin shows while the sector has seen some recovery, businesses will need to adapt to the changing market.

Industry Economist Paul Clark told Kate Hawkesby the industry is going to find it increasingly challenging to make a profit.

He says while the trajectory of international passenger arrivals has started to taper off - the sector is still hopeful.

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