Tourism data

Australian tourism at 94% of pre-pandemic levels

13 Aug 2024

Our take on the latest Tourism data (Tue 13 Aug 2024)

Overall arrivals up 3.8%pa
Total arrivals at 87% of pre-pandemic levels
Australian arrivals at 94% of pre-pandemic levels

The key numbers...

  • Tourism arrivals in June were up 3.8% from June 2023 and are at 87% of pre-pandemic levels. This result is slightly higher than the 83% average over the 12 months to June.
  • Queenstown Airport arrivals remain strong at 123% of pre-pandemic levels, as people from Australia are still heading to the slopes this winter. Auckland and Christchurch arrivals are both at 84% of pre-pandemic levels, while Wellington trails behind at 72% of pre-pandemic levels.
  • Australian arrivals were promising with arrivals at 94% of pre-pandemic levels, a strong result for this time of year and noticeably higher than the 85% average over the year to June 2024. We note that this result could be partly due to Queensland’s school holidays starting a week earlier in June than they did in 2019. 
  • Chinese tourist arrivals have bounced back somewhat from last month, with arrivals in June at 72% of pre-pandemic levels. This result is markedly better than the 57% average over the 12 months to June. 
  • Departures of New Zealanders visiting other countries are at 94% or pre-pandemic levels, slightly below the 97% average over the year to June. 

Australian tourism arrivals at 94% of pre-pandemic levels

Monthly tourist arrivals, % of pre-pandemic levels
5033

...and our reaction

  • The uptick in Australian tourists is a good sign for places like Queenstown and other winter tourism hotspots. However, overall tourism is still being weighed down by the sluggish Chinese economy and subdued arrivals from other Asian countries.
  • Current global economic conditions are not conducive to massive tourism numbers, and we expect that it could be another three years before overall numbers surpass pre-pandemic figures.
  • New Zealand departures overseas are hovering just below pre-pandemic levels.  Tough financial conditions for households, including high living costs, high interest rates, and the weakening labour market are likely to constrain further growth in departure numbers over the next 12-18 months.