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Queenstown TOP 10 Holiday Park Creeksyde
Queenstown TOP 10 Holiday Park Creeksyde

Holiday parks' expenditure insight

A new report highlights how much holiday parks are spending in their local communities.

17 July 2015

REGION:

The Holiday Parks Association New Zealand Expenditure Report looks at what holiday parks spend, especially as it relates to expenditure in their local community. 

 

Key Findings  

  • The average total income of the holiday parks in this study was $1.09 million, or $7,179 per site/unit, for the year ending March 2014. Per site/unit income is higher for a large park than for a small park.

 

  • The average total expenditure of the holiday parks in this study was $988,000 for the year ending March 2014. Per site/unit the average expenditure was $6,510 for the year.

 

  • ‘In-region’ expenditure accounted for 72% of all holiday park expenditure – higher than found in a similar Australian study (where it was assessed at 56%). On average holiday parks spent $707,000 in their local region during the year.

 

  • Expenditure most likely to be made in region includes capital expenditure, rent/lease payments, salaries and wages, indirect taxes and repairs, replacement and maintenance. On average more the 75% of expenditure in these categories occurred in-region.

 

  • In addition, holiday parks make a range of non-financial contributions to their local region. This often includes being committee and board members of various community and local government groups.

 

  • By combining the direct expenditure of holiday parks and the expenditure of the visitors that they host, the economic contribution of holiday parks can be estimated at $1.17 billion per annum.

 

Read the HAPNZ-Park-Expenditure-Summary-Report.pdf