The absence of Rhythm and Vines is hitting accommodation providers and retailers in the pocket, with one major electronic payment processor recording a big drop in spending.
Data from Worldline (formerly Paymark), which processes credit and debit card transactions, noted for the week ending December 19 spending on accommodation here fell 35.2 percent on the same week last year, when spending hit $240,000 for the week.
In fact, across all of Worldline's processing network, Gisborne was the only place in New Zealand not to experience a rise in accommodation spending, Worldline's Head of Data George Putnam said.
“Notably, spending through Worldline's payment network at accommodation merchants in Bay of Plenty ($1.6m) jumped 43% in the first five days following the easing of restricted travel across the Auckland boundary, compared to the same five days one week earlier.
“Movement to this region is typical for this time of year but the increased accommodation spending in recent days occurred earlier this year, coinciding with the removal of the Auckland travel restrictions,” Mr Putnam said.