Mr Bowler told a conference in June: "A heck of a lot of people are going to come here, not principally because of the films but they will be affected by the films."
But if you are a tourist looking for a true "Middle Earth" experience in New Zealand with wizards and dragons and hobbits you will be sorely disappointed.
You can visit the Hobbiton village in Matamata for a 2-hour studio tour of the facade of a hobbit village. But there's no hobbits, dragons or wizards wandering around. "There are spectacular views across to the Kaimai Ranges ... we also offer you the opportunity to cuddle and bottle feed the pet lambs," says the website introduction to Hobbiton.
The one tourist attraction which people "affected by the Hobbit films" can actually touch and experience is promoting nice scenery and feeding pet lambs out of a bottle. At Disneyland you can get a photo with Mickey Mouse, while Hobbit fans get to feed a pet lamb.
Then there's the Weta Cave in Wellington. This pokey little building contains a small theatre, which plays an inspiring but brief film about Weta. Compare that to the 4D theatres in the United States where water splashes in your face and snakes appear to slither around your feet while creatures jump out at you on the screen. Where would you be heading?
Not to mention Sir Peter Jackson introducing an incredible 4D surround studio where you are immersed in King Kong's dinosaur-filled world. It was stunning but why don't we have this in "Wellywood"?
What the Americans do particularly well is leveraging off Hollywood to build theme parks and restaurants, such as the chain of Forrest Gump restaurants. The "Bubba Gump's Shrimp Company" restaurants are complete with merchandise shops and a whole Forrest Gump experience.
So what about a chain of "Hobbit Inns" showcasing New Zealand's best food and wine in a Middle Earth themed menu? If all these tourists are supposedly flocking here because of the hobbit, that's the first place they would go. Think of the films New Zealand is associated with. King Kong, Lord of the Rings, District 9, Tin Tin and Narnia. The list goes on. What has happened to all the costumes and props? Dress up as an orc and get your photo taken. Stand in front of a green screen and be inserted into your favourite Tin Tin scene. The possibilities are endless but why are they not happening?
"New Zealand is too small," I hear you say. "The United States is so much bigger."
But bigger is not always better.
While at Legoland in California, we visited the water theme park. They had a flowing river just like Splash Planet in Hastings. The only difference was at Legoland we had to stand in a queue in the hot sun for half an hour before we could enjoy it. Here you can just jump in. And that is a huge point of difference. We should support Splash Planet more, as it is an example of what we need more of to get tourists here.
Sir Peter Jackson and Sir Richard Taylor have done admirable things for the local film industry. But sadly, it would appear, they are no Walt Disney. And what we desperately need is a Walt Disney.
Maybe then we wouldn't have to try to fool tourists into coming here by promising the sight of "flying metal hawks" that are really just ordinary helicopters.