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Publication Title | Value of Visiting Superyachts to New Zealand

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Summary Report: Value of Visiting Superyachts to New Zealand

In May 2014 members of the Destination New Zealand Superyacht Attraction Initiative group, including Auckland Tourism, Events and Economic Development (ATEED), New Zealand Trade and Enterprise (NZTE) and Tourism New Zealand (TNZ), commissioned the UK-based Superyacht Intelligence Agency to independently survey the superyachts that visited New Zealand in the 2013/2014 season (April 2013-March 2014). The goal of the survey was to ascertain the net economic impact to New Zealand within this season. This document is a summary of the results of this report.

For the purposes of this report a superyacht was defined as being of 24-metres and above. All figures in the report refer to visiting yachts, and not to new construction projects undertaken in New Zealand or to yachts permanently based in New Zealand.

Net economic impact is the direct contribution from purchase of New Zealand goods and services, employment and profits (after tax) by yachts, their owners and crew during their time in New Zealand. It excludes purchase of imported goods and services.

Overview:

- In the 2013/2014 season 37 superyachts, ranging between 24-metres and 112-metres

visited New Zealand.

- These superyachts spent a combined total of 623 weeks in the country: 549 of these weeks were without owner/guests on board and 74 of these weeks were with guests on board.

18/08/14

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