China is expected to overtake Australia as the biggest tourism market for New Zealand in terms of expenditure within seven years.
With a 14 per cent compound average growth rate, China is reckoned to increase its share of tourism spending in New Zealand from 14 per cent last year to 23.6 per cent in 2021, totaling $2.6 billion, as visitor numbers increase 11.6 per cent, according to a forecast released by the Ministry of Business, Innovation and Employment at New Zealand's annual Trenz tourism conference in Rotorua.
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Also announced today is the continuation of seasonal direct flights by Taiwanese carrier China Airlines, a leading player in North Asian markets, to Christchurch into the upcoming summer, with three connections a week from Taipei in Taiwan via Sydney. The airline first trialled the Christchurch flights last summer.
The anticipated increase in spending by Chinese tourists is partly driven by a shift to more "free independent travellers", who tend to travel more extensively and stay longer. Meanwhile, Australia will remain the top source of visitors to New Zealand, with a 3 per cent increase annually, said Michael Bird, MBIE's general manager for institutions and system performance.