STR – NZ Weekly Hotel Results

The Snow Machine music event and the Winter Games have helped lift hotel occupancy to a 2023 high across Queenstown, according to figures from STR.

While Wellington enjoyed a sharp jump in occupancy and ADR during the early stages of the FIFA Women’s World Cup in late July, those metrics have been sliding since, according to figures from STR.

Hotel occupancy across the city has been falling since late July but is still much better than last year.

Queenstown’s hotels are finishing the winter months on a new high, according to figures from STR.

Average weekly occupancy across New Zealand’s hotels started to slide in August from a late-July high, according to figures from STR.

Despite not hosting any FIFA Women’s World Cup matches, Christchurch’s hotels still appear to benefiting, according to figures from STR.

The capital has enjoyed a sharp increase in hotel occupancy and ADR since the start of the FIFA Women’s World Cup.

A big week of sport has given Auckland’s hotels a nice mid-winter boost, with occupancy nearing 76%, according to figures from STR.

Average weekly occupancy across New Zealand’s hotel market dipped last week, according to figures from STR.

Queenstown’s hotels are enjoying a good mid-year holiday period with average weekly occupancy hitting a 2023 high last week, according to figures from STR.

Auckland occupancy has been rising steadily since early June with last week the best since Easter in April, according to figures from STR.

After sliding following TRENZ in early May, Christchurch occupancy has seen a decent start to winter, according to figures from STR.

The opening of the ski season has finally turned around occupancy in Queenstown with the first consistent increases – albeit modest – seen since the Easter and school holidays in April.

Wellington is the first of the major NZ hotel markets to record occupancy down on 2022.

Hotel occupancy across New Zealand’s largest hotel market was steady over May, hovering around 65%, according to figures from STR.

Average weekly occupancy across New Zealand’s whole hotel market was relatively stable over May and enters winter at around 60%, according to figures from STR.

Queenstown’s hotel market appears to have bottomed out with average weekly occupancy hovering around 56% for the past couple of weeks, according to figures from STR.

TRENZ 2023 at Te Pae Christchurch saw the southern city report the best occupancy rates of the country’s major hotel markets.

Wellington’s occupancy rate bounced back last week after sliding for most of March and April, although the lift may prove to be shortlived.

Hotel occupancy across Auckland fell after the series of holidays enjoyed in April, which started with Easter, followed by the end of term one school holidays, and then ANZAC Day last week.

Most of New Zealand’s major hotel markets managed to arrest the autumn occupancy slide seen in March to bounce back in April.

Queenstown received a small bump in occupancy during the Easter break and the first week of the school holidays, according to figures from STR.

Wellington’s hotel market has cooled with the average weekly occupancy high of 87% seen in late February sliding below 60% in the week to Easter.

With all of the country’s major hotel markets sliding into the middle of autumn, Christchurch appears to be holding up best.

New Zealand’s major hotel markets appear to have experienced a rarity during the recovery – a steady, stable month not unduly influenced by weather extremes, strong growth due to border openings, or any other major issue, save possibly ongoing capacity constraints due to staff shortages.

The country’s largest hotel market has seen off summer’s extreme weather to stabilise at just above 80% occupancy since late February.

Average weekly occupancy across Queenstown has remained stable at around 75% – 80% since early February, indicating good demand from international visitors, who typically give the resort a boost after Kiwis return to work and school.

Christchurch’s strong run of occupancy growth came to an end last week, with the city’s hotel market sliding back for the first time since the post-Elton John bump in late January.

Ed Sheeran’s concert at Wellington’s Sky Stadium in early February gave the capital’s hotel market a timely shot in the arm following the summer slumber.

The country’s hotel market continued to strengthen into late summer despite the extreme weather seen in parts of North Island.

Average weekly occupancy across Auckland has been climbing steadily since the start of the year with the impacts of the city’s destructive deluge three weeks ago on its hotel market seen as a shortlived dip.

Queenstown occupancy has slid to the end of summer – as expected – but appears to be flattening out at around 66.6%

Elton John appeared to give Christchurch’s hotel market a welcome boost with his concert at Orangetheory Stadium attracting 27,000 fans.

After average weekly occupancy fell to 40% during Christmas, Wellington’s hotel market is back on the rise as people return to work and government gets going.

New Zealand’s biggest hotel market is headed back up after the week leading to Christmas saw it drop below 50% occupancy for the first time in months, according to figures from STR.

All of New Zealand’s major hotel markets saw occupancy slip at the start of December, according to figures from STR.

Occupancy reaches a peak at the resort thanks to the return of its annual marathon.

Of the country’s major hotel markets, Wellington appears to have come out of spring the strongest with average weekly occupancy mostly above 80% since mid-October, according to figures from STR.

Almost all of New Zealand’s major hotel markets are finishing spring stronger than they started, according to figures from STR.

A good October has turned into an even better November for Christchurch’s hotel market, according to figures from STR.

Auckland is back on the rise after suffering a mid-October occupancy and ADR drop, according to figures from STR.

Queenstown occupancy and ADR appear to have stabilised at a new post-Covid ‘normal’ – at least for late spring – according to figures from STR.

A steady climb in occupancy across the country since early September pushes the rate up to a 2022 high.

Christchurch has hit an occupancy high for 2022 after a long climb from the Omicron-impacted doldrums of March this year.

The capital is having a strong spring with the return of the World of WearableArt after three years helping to drive occupancy and ADR.

After spending most of the year struggling to crack 50% occupancy, Auckland is finally on the move with the major metrics all trending in the right direction.

Average weekly occupancy and ADR have slid from their winter highs at Queenstown but the October school holidays will hopefully give the resort another spring boost.

Average weekly occupancy across all of New Zealand barely budged over winter, hovering around 55% since early July 2022, according to figures from STR.

It is still early days in the recovery but could Wellington’s crown as the country’s best-performing hotel market for the past two-and-a-half years finally be slipping?

Christchurch has enjoyed an improving occupancy rate this year, recovering from an Omicron low in mid-March to reach 66% on average across the city in late-August, according to STR.