A new report by the CBRE New Zealand Research Centre has revealed that international visitor arrivals to New Zealand increased by 2.7% in the 12 months to June 2019.

However the nights spent in commercial accommodation from international visitors declined by 2.3%.

An offsetting increase of 3.8% in domestic demand resulted in a 1.1% increase in commercial accommodation demand overall.

Click here to download the full CBRE New Zealand Hotels MarketView H1 2019 Report

At a glance: 

• International visitor nights across New Zealand decreased by 2.3% in the 12 months to June 2019.
• Domestic nights increased by 3.8%, resulting in a 1.1% increase overall.
• The effect of this resulted in quite differing results for the key hotel markets.

The effect of this resulted in quite differing results for the key hotel markets with occupancy rates declining in Auckland Queenstown and Rotorua but increasing in Wellington and Christchurch, which attract a higher proportion of domestic demand.

ADR levels decreased in Auckland and Christchurch but were up in all other markets.

New Zealand is entering a new phase in the tourism market with more muted growth than in recent years.

Click here to download the full CBRE New Zealand Hotels MarketView H1 2019 Report

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