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Gone: $125m wiped from Rotorua GDP as businesses pivot for future
5 Mar, 2021 07:00 PM
6 minutes to read
Hard times continue for Rotorua as it continues to suffer from the loss of international tourists. Photo / Getty Images
Hard times continue for Rotorua as it continues to suffer from the loss of international tourists. Photo / Getty Images
Rotorua s soaring house market has not sheltered the city from a stiff economic decline as tourism continues to struggle and $125 million is shaved off the district s GDP. But business leaders say despite the knocks other primary industries are performing well and companies had pivoted to make the most of every opportunity.
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