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René de Monchy: Tourism NZ CEO on the increased spending by international tourists, focus on the luxury market
Description
New Zealand's cementing itself as a premium tourism destination.
Market data from Grand View Research estimates our luxury travel market brought in more than $8 million last year and could double by 2033.
Luxury Travel specialist Southern Crossings says overseas couples on their honeymoon for instance, consistently spend about the equivalent of a Central Auckland house deposit.
Tourism New Zealand CEO René de Monchy told Heather du Plessis-Allan says we have amazing luxury offerings.
He says coming out of Covid, people are really valuing experiences and that translates into their behaviour.
“So people are saying after a few years locked up, that’s not a natural way to be. Travel is important, experiences are important, and they’re willing to spend the money to do it.”
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