{"id":505680,"date":"2026-07-02T05:39:10","date_gmt":"2026-07-02T05:39:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/505680\/"},"modified":"2026-07-02T05:39:10","modified_gmt":"2026-07-02T05:39:10","slug":"hospitality-and-accommodation-spending-drops-sharply-in-june","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/505680\/","title":{"rendered":"Hospitality and accommodation spending drops sharply in June"},"content":{"rendered":"<p class=\"KGVqebHjEg\" style=\"display:none\">Spending through Paymark among the food and beverage services group reached $743.6 million, down 5.4% or $42m on June last year.<\/p>\n<p class=\"KGVqebHjEg\" style=\"display:none\">Accommodation merchants faced a steeper decline, with spending falling 20.1% in underlying terms to $53.5m.<\/p>\n<p class=\"KGVqebHjEg\" style=\"display:none\">Merchants in hospitality and retail weren\u2019t alone, with spending from core retail groups such as clothing\/footwear and recreational goods falling compared with June 2025.<\/p>\n<p class=\"KGVqebHjEg\" style=\"display:none\">It was a similar story in the non-retail sector, with spending for the month through Paymark\u2019s network at fitness centres and gyms down 23.7% (down 14.3% for the year ending June).<\/p>\n<p class=\"KGVqebHjEg\" style=\"display:none\">Spending at beauty and hairdressing salons was also down, falling 1.8%, while movie theatre spending was down 4.9%.<\/p>\n<p class=\"KGVqebHjEg\" style=\"display:none\">On a regional basis, annual growth rates for core retail spending in June 2026 were highest in Waikato, up 1.4%, Hawke\u2019s Bay, up 1.2% and the West Coast, up 0.9%.<\/p>\n<p class=\"KGVqebHjEg\" style=\"display:none\">Proffit said continued spending growth in the Waikato region, as seen in recent months, was more of a \u201cmixed bag\u201d in June.<\/p>\n<p class=\"KGVqebHjEg\" style=\"display:none\">\u201cThe largest contribution to spending growth in the Waikato in June was higher spending at food and liquor shops, resulting from more transactions. However, there was also a smaller increase during the week ending Sunday June 14, which included Fieldays.\u201d<\/p>\n<p class=\"KGVqebHjEg\" style=\"display:none\">He said that during the week of Fieldays  about  $1m more  spending was recorded, spread over hardware\/furniture and food service merchants.<\/p>\n<p class=\"KGVqebHjEg\" style=\"display:none\">\u201cApart from those sectors, there were spending declines reported over the month for most non-food merchant groups in Waikato.\u201d<\/p>\n<p class=\"KGVqebHjEg\" style=\"display:none\">The largest spending declines in June were recorded in Marlborough, down 6.2%, Bay of Plenty, down 3.2%, and Wairarapa, down 2.7%.<\/p>\n<p class=\"KGVqebHjEg\" style=\"display:none\">In the major centres, spending was mixed, with spending falling in Auckland\/Northland by 0.4%, Wellington down by 1.6%, while Canterbury reported annual spending growth of 0.2%.<\/p>\n<p class=\"KGVqebHjEg\" style=\"display:none\"><a href=\"https:\/\/www.nzherald.co.nz\/author\/tom-raynel\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.nzherald.co.nz\/author\/tom-raynel\/\">Tom Raynel<\/a> is a multimedia business journalist for the Herald, covering small business, retail and tourism.<\/p>\n<p>Stay ahead with the latest market moves, corporate updates, and economic insights by subscribing to our <a href=\"https:\/\/www.nzherald.co.nz\/my-account\/profile\/newsletters\/?from=cmp\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.nzherald.co.nz\/my-account\/profile\/newsletters\/?from=cmp\">Business newsletter<\/a> \u2013 your essential weekly round-up of all the business news you need.<\/p>\n","protected":false},"excerpt":{"rendered":"Spending through Paymark among the food and beverage services group reached $743.6 million, down 5.4% or $42m on&hellip;\n","protected":false},"author":2,"featured_media":505681,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[62925,95,1863,138,1308,3311,28796,13989,15557,78,13419,194,685,16744,111,139,69,1523,26525,4514,20263,8262,2044,71895,102,379],"class_list":["post-505680","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-accommodation","tag-and","tag-back","tag-business","tag-compared","tag-consumer","tag-drops","tag-fell","tag-hospitality","tag-in","tag-june","tag-kiwi","tag-last","tag-merchants","tag-new-zealand","tag-newzealand","tag-nz","tag-over","tag-pulled","tag-same","tag-sharply","tag-spending","tag-time","tag-wider","tag-with","tag-year"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/505680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=505680"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/505680\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/505681"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=505680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=505680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=505680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}