The Colliers International NZ team provide an insightful document for the New Zealand Hotel Market.
The New Zealand tourism sector continues to witness unprecedented growth in inbound visitation, having increased 11.4% year-on-year in the year ended August 2016 to now sit comfortably above 3.3 million visitors. With a virtual hiatus of new inventory in the past five years, capacity in the local accommodation sector is now becoming increasingly constrained, particularly over the peak summer period.
To download the report please click here.
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