Delayed but welcomed hotels recovery set to hit New Zealand shores says Colliers
The past few months have brought a significant amount of positive news for New Zealand’s hotel sector as it continues on the path to recovery following the Covid-19 pandemic says Dean Humphries, National Director of Hotels at Colliers.
Following a record year of hotel sales in New Zealand, the industry is set to take another step forward after the recent government announcement signalling a gradual reopening of the border in 2022, according to the latest Hotel Market Snapshot Report from Colliers.
5 ways consumer behaviours have changed & how hotels can adapt
Let’s explore how hospitality & travel consumer behaviours have changed since the start of the pandemic and lay out some of the steps your hotel can take now to adapt to the new landscape.
Included in the $400 million of hotel sales this year are a number of high-profile assets, including the five-star Sofitel Queenstown, 280 room Rydges Wellington, and the recently completed luxury lifestyle hotel QT Auckland.
Record year of hotel transactions in New Zealand despite pandemic says Colliers
New Zealand has recorded the highest level of hotel transactions on record in 2021. Dean Humphries, National Director of Hotels for Colliers, says in the calendar year ending 31 December in excess of $400 million of hotel deals will have settled, representing a staggering 33 per cent increase on...
Opening in an uncertain time: The hotel pre-opening strategies to follow today
Launching a new hotel is challenging at the best of times, let alone in the middle of a pandemic. With many new properties scheduled to go live in 2022, how best should hoteliers launching today prepare their properties from a commercial standpoint? And what do they need to consider before they...
Asia Pacific hotel investment to top $7 billion in 2021, growing to $9 billion in 2022 - JLL
According to JLL Hotels & Hospitality Group, healthy transaction volumes will continue into next year, with the industry expected to attract a minimum of US$9 billion in capital in 2022. “The Asia Pacific hotels industry is well primed for an investment resurgence that will gather momentum...
Benchmarking in a pandemic – How to understand your competition today
The pandemic has fundamentally reshaped source markets for hotels and significantly changed the competitive landscape. Today, identifying who your guests are, who the competition is and how your property is performing relative to other hotels in the market is a real challenge.
JLL New Zealand Hotels & Hospitality Group Director Nick Thompson and Andrew Monteith, Partner at MinterEllisonRuddWatts, together hosted the New Zealand Hotel Investment Forum.
Future of NZ hotels tied to vaccine rollout and border settings says industry forum hosted JLL and MinterEllisonRuddWatts
The future of New Zealand’s hotel industry is promising but the opportunity for a tourism rebound relies on a successful vaccine rollout and a corresponding loosening of border restrictions, speakers found at the New Zealand Hotel Investment Forum this month hosted by Andrew Monteith, Partner at...
With more than 50 speakers confirmed to present at the Maximum Occupancy Accommodation Industry Conference there are only a few remaining tickets left for the conference being held on 18-19 August at the Aotea Centre in Auckland.
Biggest line-up of speakers ever at Maximum Occupancy Accommodation Industry Conference 2021
With less than 10 days till the doors open, the Maximum Occupancy Accommodation Industry Conference will present its biggest line-up of speakers in its 9 year history in New Zealand.