The Waikato Story - 13 March 2019
The latest electronic spend data shows Hamilton’s CBD has enjoyed another record-breaking year, up over $20 million up on spending the previous year to $656m. The sector enjoying the highest spend continues to be food and beverage at over 40% of total spend, with the other retail sector which includes cars, pharmaceuticals and travel coming in second and the hospitality sector coming in at third.
Vanessa Williams, Hamilton Central Business Association General Manager, attributes this increased spend to a variety of factors working to the benefit of the central city.
“We have more businesses moving in the city centre, combined with consolidation of business locations to single sites, more residential build development increasing inner city living, a thriving events scene, including both local and major events, as well as ongoing commercial development at every turn.”