Colliers New Zealand hotel market report confirms a recovery is underway
Colliers report confirms New Zealand Hotel sector continues its pathway to recovery in the YTD 30 June 2021. Key performance indicators are improving against the same period last year, when we first entered into a Covid impacted trading environment.
New Zealand top hotel sale for 2020 is also one of the first collective sales of a strata titled development
The recent sale of Sofitel Queenstown was the largest hotel transaction in the country in 2020, brokered by Dean Humphries, National Director of Colliers International’s Hotels team.
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.
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...
