Business Maverick: New Zealand Tourism to Take Years to Recover From Covid Shutdown

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New Zealand expects the international tourism market to take more than three years to recover to pre-Covid levels as it gradually dismantles some of the world’s strictest pandemic border controls.

Global airlines will take some time to resume operations and some people will be cautious about traveling again because of high costs, Rene de Monchy, chief executive officer of, said in an interview in Singapore. In the next 12 months, revenue generated from to New Zealand visitors could reach 20% to 25% of pre-Covid levels, he said.

The reopening of borders comes just before New Zealand’s ski season, a popular time for Australians to visit, de Monchy said. Long-haul visitors from Europe, Singapore and other countries are expected during the year-end period, he said.

 

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