Covid-19’s being described as Queenstown’s ‘‘economic earthquake’’.
As one resort hotelier says occupancy’s falling off a cliff (click here), a major hotel’s about to
mothball indefinitely (click here) and another CBD hospo business has temporarily shuts its doors (click here), community leaders are bracing for the worst impact yet from the global pandemic.
Put simply, businesses in the Queenstown Lakes, Te Anau/Fiordland and the West Coast are in desperate need of cashflow and, without it, there are fears the southern region long used by ‘NZ Inc’ to market the country internationally, and responsible for major GDP injections to the national economy over many years will end up as ghost towns.
Covid-19 coronavirus: Virus is Queenstown s earthquake says mayor Jim Boult
28 Jan, 2021 06:15 PM
4 minutes to read
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Covid-19 s being described as Queenstown s economic earthquake .
As one resort hotelier says occupancy s falling off a cliff, a major hotel s about to
mothball indefinitely (click here) and another CBD hospo business has temporarily shuts its doors, community leaders are bracing for the worst impact yet from the global pandemic.
Put simply, businesses in the Queenstown Lakes, Te Anau/Fiordland and the West Coast are in desperate need of cashflow and, without it, there are fears the southern region long used by NZ Inc to market the country internationally, and responsible for major GDP injections to the national economy over many years will end up as ghost towns.