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Thursday 25 April 2024
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CBRE

Strongest recovering hotel market sees revenue up 49% on pre-Covid – CBRE 11th December 2023 /

Strongest recovering hotel market sees revenue up 49% on pre-Covid – CBRE

NZ’s best-performing hotel market sees both room demand and revenue increase significantly on pre-Covid.


Asia Pacific hotel recovery by 2024, China uncertainty drags – CBRE 4th October 2022 /

Asia Pacific hotel recovery by 2024, China uncertainty drags – CBRE

Increasing operating expenses, particularly for labour and utilities, are also weighing on sentiment.


The biggest threat facing hotel owners – CBRE survey 19th July 2022 /

The biggest threat facing hotel owners – CBRE survey

Auckland’s hotels are expected to return to pre-Covid levels of RevPAR in 3-5 five years.


MIQ sustaining hotel markets but Delta hit hard – CBRE 9th November 2021 /

MIQ sustaining hotel markets but Delta hit hard – CBRE

Centres without MIQ like Queenstown have struggled but Delta has hurt all markets.


CBRE: Strong demand pushes hotels to choking point 2nd August 2017 /

CBRE: Strong demand pushes hotels to choking point

Hotel occupancy rates highest in 10 years but flattening as revenue growth slows outside of