News

Tourism

29 Jun 2020

A newly released Government paper paints a bleak outlook for tourism with job losses predicted to peak at 92,000 this year.

Economic losses from Covid-19 in the tourism sector over the next four years were estimated at $18b to $21b of GDP.

A paper on the Government's $400m tourism recovery package from Tourism Minister Kelvin Davis warned the sector's recovery would much slower that other areas of the economy because international travel was zero, and a trans-Tasman bubble would take months.