Hotels

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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.

Distinction Hotels Group’s acquisition of the 253-room Mount Cook Hotel Collection has helped drive deal value past $100m already this year with more on the way, says agent JLL.

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.

Securing a new property, fresh partnerships and a revamp of its Auckland hotel rooms are all on the agenda this year for the operator.

The value of hotel, motel and other short-term accommodation consents dropped to $12m in January 2023, according to Stats NZ’s latest building data.

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.

Hotel profitability remains under pressure despite the return of international visitors, according to Horwath HTL.

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%

Most of NZ’s major hotel markets will pass pre-Covid RevPAR as early as this year.

The hotel shut its doors for the last time on Sunday.

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

Owner Bayview International says the iconic hotel’s infrastructure no longer meets safety standards, it is too costly to repair, and it must close for safety reasons.

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.

Choice Hotels Asia-Pac has added Quality Inn Acapulco Taupo to its group of accommodation offerings.

Queenstown’s hotels performed the best of the country’s major markets over the peak holiday period with occupancy surging and average daily rate hitting $538.66 on New Year’s Eve.

However, occupancy remained well below 2019 levels due to the addition of around 4,200 rooms.

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.

Winners spanned the New Zealand Hotel, Department, People, and Major Awards categories.

Hotel guest nights across New Zealand in October 2022 surpassed the million mark for the first time since the pandemic started.

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

Mt Hutt, The Rees, Matakauri Lodge, and Azur Luxury Lodge have all picked up awards at the World Ski Awards for 2022.

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

Operators are being forced to cap room supply while demand and cost pressures rise.

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.

NZ Super Fund says its NZ Hotel Holdings joint venture with The Russell Property Group and Lockwood Property Group had a very busy FY22, “continuing with the strategy to be New Zealand’s best hotel portfolio”.

The recovery is being led by particularly strong room rates, says the agent.

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.

A new booking platform that enables hotels to offer pricing tailored to individual customers has launched in New Zealand.

The opening of the $35m Sudima Kaikōura has finally become a reality after long Covid delays – just in time for the much-anticipated summer.

With new hotels and brands coming, the country’s largest hotel operator is already looking to fill about 300 vacancies in NZ.

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

More than 450 delegates are expected to gather in Auckland today and tomorrow for the first New Zealand Aotearoa Hotel Industry Conference and Exhibition.

Staffing challenges could create reputational damage if summer demand is not satisfied, warns the consultancy.

Christchurch hotels The Pavilions and The George are partnering up with Lincoln University to offer $3,000 scholarships to students.

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.

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

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.

Invercargill’s 4.5-star The Langlands Hotel has been officially opened.

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

Room nights sold in five out of eight key markets returned to pre-Covid levels in August.

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.