The impact of COVID-19 on New Zealand's hotel market Colliers
Dean Humphries Colliers International Hotels New Zealand release their first quarter report. The short term impact of Covid-19 on the hotel sector has been swift with New Zealand in full lockdown.
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.
New Zealand is likely to start feeling the effects of “tourism fatigue” as record-breaking visitor numbers put an increasing strain on accommodation and infrastructure.
NZ hotel owners look to divest in buoyant investment climate
More hotels will be offered for sale this year as owners look to take advantage of the buoyant investment climate by selling off increasingly valuable assets.
New Zealand tourism sector continues to break records
A recent report released by Dean Humphries of Colliers International has announced that the New Zealand tourism sector continues to enjoy record-breaking inbound travellers with a total of 3.7 million visitors arriving in the country for the year ended August 2017, a 9.3% increase year-on-year...
