The summer of 2017/18 has proven to be another record breaking season for the New Zealand tourism sector with record visitor numbers driving exceptional hotel performance metrics across the majority of its key markets.
One of the main reasons hotel owners fail to take advantage of depreciation deductions is because they believe their hotel is too old to warrant making a claim, a myth seeing hotel owners lose out on thousands of dollars each year which needs to be dispelled.
How to better share the benefits of New Zealand's tourism boom with the regions will be a big focus of this year's New Zealand Hotel Industry Conference held over two days in July.
Tourism industry calls Rotorua plan proactive and progressive
Tourism Industry Aotearoa is backing Rotorua Lakes Council’s plan for a multimillion dollar redevelopment of the Rotorua lakefront which aims to put it on a par with other internationally-renowned waterfronts.
Sunshine Coast's Badderam Eco Resort receives green light
The approval of a five-star luxury resort in the heart of Buderim, which will be the first of its type in the region, is projected to attract some 55,000 overnight visitors to the resort per annum contributing an estimated $35 million to the local economy.
Sunshine Coast Mayor Mark Jamieson (left), Federal Member for Fairfax Ted O’Brien (centre) and John Holland Project Manager Berry Freshney turn the first sod on the Sunshine Coast Airport Expansion, council’s largest infrastructure project.
Sunshine Coast Airport Expansion Project takes off
The first sod has been turned on the construction of the $303 million Sunshine Coast Airport Expansion Project, the Sunshine Coast Council's single largest construction project ever undertaken, delivering a wealth of benefits to the region.
International visitor numbers up, domestic travel up, national hotel performance up - and a positive hotel outlook are some of the key takeaways from Deloitte's first 2018 edition of their Tourism and Hotel Market Outlook.
New Zealand's first Wyndham Garden hotel opens in Queenstown
Today's opening of the much-anticipated 75-room Wyndham Garden Remarkables Park, Queenstown brings Wyndham Hotel Group’s NZ portfolio to nine hotels and will be a welcome addition to the city's booming tourism industry.
Melbourne's charm pips Sydney as top Australian city for investment
Melbourne has pipped Sydney as the top Australian city for investment in the Asia Pacific region, followed closely by Brisbane - with Tokyo announced as the preferred destination for commercial property investors.
Daydream Island increases redevelopment investment to $100m
Daydream Island Resort has announced it will increase its substantial renovation investment by $14 million to a total of $100 million as they finalise their refurbishment plans ahead of the island’s reopening in September this year.
