Investment demand for New Zealand hotel assets remain high - Colliers International
Investment demand for New Zealand hotel assets remain at an all time high from both offshore and domestic investors. However, opportunities remain scarce as hotel assets remain tightly held with owners electing to retain, based on buoyant trading conditions and further capital appreciation...
Hotel nights drive New Zealand accommodation growth in 2018
Guests spent over half a million more nights in hotels in 2018 than the year before, driving overall growth for short-term commercial accommodation, Stats NZ said announced.
Queenstown and Rotorua top performers in Colliers New Zealand Hotel Report
New Zealand’s tourism hotspots of Queenstown and Rotorua are the star performers in the hotel sector in 2018, driving much-needed new supply in both centres.
Auckland New Zealand Hotel Research Report: Horwath HTL
According to Horwath HTL in their latest Auckland Hotel Market Outlook report, 41 hotel projects in various stages are planned to open over the next five years with a total of 6,500 rooms, which if they proceed, represents an increase of approximately 89% of the current major hotel supply in...
It's never been a better time to enter a tourism career in New Zealand
Tourism is the number one export earner in New Zealand, worth $36 billion annually and directly employing more than 230,000 people - New research delving into the minds of New Zealand’s young people has uncovered some fascinating insights.
Auckland International Airport continues to see tourism growth
In the year to 30 June 2018, Auckland Airport reported the total number of passengers increased by 5.7% to 20.5 million with international passengers reaching 11.2 million (up 4.1% on FY17) and domestic passengers lifting 7.7% to 9.3 million.
Colliers International release their Australia New Zealand Capital Market Investment Review Hotels research report
Gus Moors and Karen Wales of Colliers International have found that Australian hotel transaction activity slowed in FYE2018 with volumes easing to $1.338 billion - however deal flow increased with 35 transactions (above $10 million) concluding throughout the year; This compares to 30...
New Zealand hotel development on the rise, Dean Humphries Colliers International
New Zealand is in its 6th consecutive year of a tourism boom which began in 2013 and with limited new hotel supply delivered over this period; it is not surprising that the hotel sector has finally entered a strong development phase.
New Zealand Tourism Industry supports Visitor Levy
The tourism industry is prepared to accept a new charge to be paid by international visitors but is insisting that it is used in a carefully targeted way to enhance their experience of New Zealand.
New Zealand holiday parks key to growing tourism in the regions
With 21% of international and domestic visitor guest nights in New Zealand spent in holiday parks, new research shows that they are key to growing tourism in the regions.