Many New Zealand hotel markets are outperforming their Australian counterparts as demand for rooms continues to outstrip supply with Queenstown, Auckland and Rotorua among Australasia's top markets.
226-key Oaks Wellington CBD hotel opening next year
Oaks Hotels & Resorts is set to make its debut in Wellington on New Zealand's North Island, announcing plans to launch Oaks Wellington next year - converting the former Colonial Motor Company Building site (originally constructed in 1923) into a contemporary 4.5 star hotel.
A survey of hundreds of travellers around the globe by The Rees Hotel Queenstown, New Zealand has shown that hotels remain by far still the tried and true favourite for both leisure and business guests.
Stats NZ has reported that guest nights spent in short-term accommodation reached record levels in January 2018 rising to 4.97 million, 1.4 percent higher than in January 2017.
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.