Period specific information: TSA 2024

Period-specific information: TSA 2024 Data updates Tourism satellite account: Year ended March 2024 includes updates made to both the domestic and international tourism expenditure series. These updates cause changes to the value of tourism expenditure in the New Zealand economy and affect the official tourism satellite account (TSA) time series. Updates to the expenditure series included the following. Historic changes to export education source data used to derive international student expenditure. Updated source data used in the derivation of imputed rental on holiday homes. Methodological improvements and changes: integrating updated Annual Enterprise Survey (AES) data (2021 and 2022) and AES 2023 data with household tourism expenditure estimates (HTEE) continued modelling of the HTEE to the year ended March 2024 due to changes in data supply arrangements updated HTEE supplementary data sources national accounts data, including updated nominal GDP statistics (see 2024 preview of national accounts improvements). Updates were also made to annual Linked Employer-Employee Data and Household Labour Force Survey sources used in determining tourism employment. Tourism industry ratios are impacted because of these updates. These ratios are the proportion of an industry’s output that is consumed by tourists and are used to calculate value-added and tourism employment estimates. As a result of the ratio changes, we updated the historical value added-time series. Together with the ratio changes, we also updated the tourism employment time series. Key events that influenced tourism for year ended March 2024 Here are the significant events that influenced tourism in the year ended March 2024. In May, Air New Zealand started flying daily from Auckland to Shanghai. Air China resumed flying four times a week from Beijing to Auckland. In June, Air New Zealand resumed its seasonal direct services between Auckland and the Sunshine Coast of Australia. Hainan Airlines resumed flights on the Shenzhen to Auckland route in June, flying twice a week. During July and August, the FIFA Women's World Cup was jointly hosted by Australia and New Zealand. In August, Batik Air started flying direct six times a week between Auckland and Perth. The New Zealand Traveller Declaration was introduced to digitise the paper 'Passenger Arrival Card'. In September, Qatar Airways resumed daily non-stop flights between Doha and Auckland. In October, Qantas returned daily flights between Wellington and Brisbane, restoring a service that was last operated seasonally in 2015. In New Zealand summer season, four airlines ran direct flights to and from Los Angeles to Auckland, ie Air New Zealand, American Airlines, Delta Air Lines, and United Airlines. Air Canada increased its capacity by 20 percent on the Vancouver to Auckland route. In November, Singapore Airlines added 40 flights between Christchurch and Singapore, adding three flights per week in addition to their daily-year-round service, for a total of ten direct flights per week. China Southern Airlines resumed direct flights between Christchurch and Guangzhou from November, with three flights a week. In December, United Airlines new Dreamliner 787 service started to fly direct between Christchurch and San Francisco, flying three times a week for four months. This was the first time an American airline has flown direct between the South Island and the United States. Cathay Pacific resumed its seasonal Christchurch to Hongkong service with three flights per week from December 2023 to February 2024. In February, NZ Associate Minister of Transport re-authorised the joint venture alliance of Air New Zealand and Singapore Airlines for another five years until March 2029. en-NZ