High Tide Festival Eyes Growth with Move to Waitangi Park
Premier summertime music festival to move to Wellington waterfront in 2025.
Bonny Beattie
WellingtonNZ, the region’s economic development agency and tourism organisation, has released its Annual Report for 2024/25. The organisation delivered $203 million in direct economic impact and provided an 800% return on investment for the Wellington region.
Highlight 2024/25 financial year direct impacts include $136 million in spend generated from major, performance and business events, over 3,000 local business engagements in work programmes and 90% stakeholder satisfaction; while key indirect measures of impact include 2.8 million tourist visitor nights, almost $1 billion in domestic visitor spend, and maintaining the highest GDP per capita nationally at $100,445.
“Our mission is to make the Wellington region thrive as a place to live, visit, study, work, do business, and invest. We must deliver the best results and economic return possible for the people of the Wellington region and our shareholders – therefore we are thrilled to have created over eight dollars of economic value for every dollar invested in WellingtonNZ,” says WellingtonNZ chief executive, Mark Oldershaw.
“Despite the past year bringing nationwide economic challenges and local political uncertainty, these results demonstrate our organisation’s ability to drive development, resilience and opportunity across tourism, events, business support and creative technology for the region.
“We are proud to be supporting entrepreneurs to bring bold ideas to life, enabling local businesses to grow, attracting and hosting major events, and promoting the region as a must-visit destination for international and domestic visitors - we know that the work we do matters. It’s also important to recognise the successes of Wellington’s people and businesses over the past year – we are a tenacious and innovative region, and there is plenty to be positive about.”
The report reveals key results across WellingtonNZ’s work programmes, which align with both the Wellington City Council and Greater Wellington Regional Council’s strategic priorities. The organisation successfully exceeded its key headline key performance indicators, as agreed with its two primary council shareholders.
Highlight results for WellingtonNZ and its subsidiary Creative HQ include:
“We are a small but passionate team delivering solid return on investment. Collaborating closely with our shareholders, stakeholders, and the people of Wellington is essential to our ongoing success. The areas we work across are not only vital to the region’s economy but also integral to its identity,” says Mark.
WellingtonNZ receives the majority of its funding from its shareholders, Wellington City Council and Greater Wellington Regional Council, however over a quarter (28.3%) of funding is received from non-shareholders to ensure sustainable continuation of programmes through revenue diversification.
View the full 2024 to 2025 Annual Report [PDF, 7.78 MB]
Date published: 4 November 2025
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