2024 Q4 Hospitality Sales Snapshot - Restaurant Association of New Zealand
As we wrapped up 2024, there was a noticeable shift in the sentiment across New Zealand’s hospitality industry. While the fourth quarter still presented some of the most demanding conditions we’ve seen—marked by economic pressures, workforce shortages, and shifting consumer behavior—there was also a growing sense of optimism among operators. Many operators have indicated that while staffing challenges and tighter customer discretionary spending remain front of mind, the promise of events and international tourism hints at a potential uplift ahead.
With data sourced from Statistics New Zealand and the Restaurant Association, the Q4 Report provides relevant data on the state of the hospitality industry.
Selected highlights:
- Total sales for the industry over the 4th quarter of 2024, representing a 3.2 per cent sales increase over the same quarter a year previous.
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- Price:
- $69