Despite a surge of new tourism from China and an almost doubling of Australian tourist numbers over the past decade, the industry has still contracted in real terms over the past 10 years, according to the Ministry of Business, Innovation and Employment's sector report.
Tourists are spending less per night and staying fewer nights and traditional high-spend markets the UK and US are declining as is the market share of visitors.
That's the less heartening news, but there are insights in the report that provide some powerful ideas on how we can move forward by responding to this massively changing market.
China certainly features large with arrivals growing by 31 per cent over the past year alone, growth that is expected to continue. Indeed, China is now officially our largest trading partner according to Statistics NZ data released last week.
The report highlights some of the inherent issues besetting the industry, partly explaining its declining contribution to the economy. The seasonal nature of tourism means a greater proportion of part-time workers, resulting in recruitment, training and retention issues with lower investment and less visible career path options for employees.