BNZ Marketview results 2012 & Q1 2013
The BNZ Marketview reports for year end 2012 and the first quarter of year 2013 are in. 2012 proved a strong year with HOTC spending up 4.8% compared to competitors, and year on year growth at 3.3%. So far in 2013 Q1 results for both Heart for the City and New Zealand are flat where as our Auckland competitor set is down on the same time last year.
With a relatively flat -1.7% change in spending for Heart of the City compared to same quarter last year vs -5.4% drop among our competitors our market share for the Auckland region has grown by 0.9%. This is a positive result in a slow market.
While the Quarter was flat for most categories the accommodation sector performed well in line with the high season for international visitors to the city.
To view the summary report for Marketview results Q1 2013 click here