International Visa Card Spend on Auto Rental in New Zealand rises by 70 percent

According to figures released Oct. 21 from Visa New Zealand, the country’s overseas visitors spent NZ$168 million in the month of September — a 48 percent increase compared to the previous year.

The countries making the largest contribution to that increase include Australia ($58.2m), United Kingdom ($28.4m), United States ($14.0m), France ($12.6m), Canada ($5.3m), Japan ($4.8m), South Africa ($4.2m), Germany ($4.0m) and the Republic of Ireland ($3.6m).

Visitors are choosing to spend their money on entertainment, hospitality, auto rental and fuel; these merchants have seen a significant increase in international spend when compared with September 2010.

"Countries like Australia, that already contribute significantly to our international card spend, have not seen as much of an increase (29 percent) compared with countries such as Ireland (525 percent), France (230 percent) and South Africa (126 percent),” said Sean Preston, country manager at Visa New Zealand, who adds that the increases might be due to the growing popularity in rugby.

"Auto rental and oil spend has increased by more than 70 percent when compared with last year,” Preston said. “This directly relates to the number of long term visitors who have chosen to travel around the country in cars and campervans making the most of their time in New Zealand."

The increases have also been reflected on the grocery markets. "It is also interesting to note that although hospitality spend has increased significantly (52 percent), supermarket spend has also increased by 34 percent, indicating that visitors are also choosing to self-cater - either in rented homes or campervans," Preston said. 

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

The Customer Isn’t Always Right

Not caving to a customer with a blatant agenda may have consequences, especially for a small rental company that relies on stellar Yelp ratings to advertise. But business integrity must prevail.

The Truth Behind Compact Van Depreciation

Why are large van values holding up better than their compact counterparts, and will it last?

Car Rental’s Call to Action on Autonomous Vehicles

The car rental industry has built-in advantages to support a world with driverless cars, but it needs to take the next step in partnering with autonomous vehicle stakeholders.

Job Finder: Access Top Talent. Fill Key Positions.