What’s happening in the world economy has a direct relation on the value of tourism property and businesses for sale in New Zealand. So each month we’ll review what’s happening globally and how this is impacting nationally on the market for businesses in both the tourism and hospitality sectors. It’s clear that tourism will be affected by the dual forces of a global downturn and also fears of ‘carbon footprints’. Take for example the increased taxes on long haul flights from Heathrow. But on the other hand, now that our dollar is coming down it makes New Zealand a more affordable place to visit, live and buy a business if you are buying with Pounds Sterling or Euros (which is surpassing the pound at the time of writing).