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29 Sep 2024 19:27
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      Home > News > Business

    New Zealand's hospitality is continuing to limp forward, with a slight year-on-year revenue growth

    New Zealand's hospitality is continuing to limp forward, with a slight year-on-year revenue growth

    29 September 2024
    Restaurant Association's latest report reveals the sector increased 5.8 percent for the year ending March 2024.

    76 percent of businesses reported worse profits compared to the same period last year.

    For Auckland, sales revenue dropped by 0.7 percent over the latest quarter.

    CEO Marisa Bidois , says they're looking ahead.

    She says warmer weather, interest rate adjustments and cooling inflation should help.

    © 2024 Newstalk ZB, NZCity


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     Today's News

    		 Cricket:
    A great opportunity for the White Ferns to adapt to pitch conditions ahead of the T20 World Cup in Dubai 19:07

     Netball:
    The Silver Ferns are leaning on assistant coach Briony Akle to help shutdown England shooter Helen Housby in tonight's Taini Jamison netball series opener in Auckland 18:47

     Soccer:
    It was a tough weekend for the Wellington based sides in the opening round of the footballs National League Championship 18:37

     Cricket:
    The Black Caps bid to further extend the second cricket test against Sri Lanka has resumed in Galle  18:17

     Accident and Emergency:
    A number of people have been killed following a single-engine plane crash in North Carolina 18:07

     Basketball:
    The Breakers are underlining clock management heading into tonight's NBL basketball game against South East Melbourne Phoenix in Auckland 17:57

     Politics:
    Up to 600 jobs are on the line at a Timaru meat works 16:27

     Rugby:
    A message from coach Scott Robertson to the All Blacks being released to their NPC teams next weekend 16:07

     Rugby:
    Points a plenty in the first half of the NPC fixture between North Harbour and Canterbury in Albany 15:27

     Business:
    Education could be key in addressing hesitancies for retired households using home equity to make ends meet 14:09

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