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Tuesday 05 March 2024
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Hotels

…as hotels enjoy RevPAR bump from World Cup – Horwath HTL 16th August 2023 /

…as hotels enjoy RevPAR bump from World Cup – Horwath HTL

The FIFA Women’s World Cup has given the country’s major hotels a mid-winter lift with revenue per available room exceeding pre-Covid levels, according to Horwath HTL.


Weekly hotel results: Christchurch riding World Cup coattails 11th August 2023 /

Weekly hotel results: Christchurch riding World Cup coattails

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


M&C Hotels back in black as occupancy, revenue jump 9th August 2023 /

M&C Hotels back in black as occupancy, revenue jump

The operator returns to profit after reporting loses for the past two years because of Covid.


Te Weheka Hotel for sale 8th August 2023 /

Te Weheka Hotel for sale

Fox Glacier Te Weheka Hotel on the West Coast is for sale.


The George Christchurch reopens 8th August 2023

The George Christchurch reopens

The George hotel in Christchurch has reopened after undergoing interior and exterior renovations.


Auckland Nesuto Stadium Hotel up for sale 7th August 2023 /

Auckland Nesuto Stadium Hotel up for sale

Auckland’s 244-room Nesuto Stadium Hotel and Apartments is up for sale.


Weekly hotel results: World Cup boost for Wellington 4th August 2023 /

Weekly hotel results: World Cup boost for Wellington

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


Weekly hotel results: Sports events lift Auckland’s hotels 28th July 2023 /

Weekly hotel results: Sports events lift Auckland’s hotels

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


Weekly hotel results: Hotels dip in lead up to World Cup 21st July 2023 /

Weekly hotel results: Hotels dip in lead up to World Cup

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


Weekly hotel results: Queenstown hits 2023 high 13th July 2023 /

Weekly hotel results: Queenstown hits 2023 high

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.


Chains v independents: The opportunity for NZ hotels – report 12th July 2023 /

Chains v independents: The opportunity for NZ hotels – report

Horwath HTL also notes that RevPAR over H1 2023 has surpassed pre-Covid, driven by strong ADR.


Maximum Occupancy: Longer stays, rigorous ROI driving corporate travel recovery 30th June 2023 /

Maximum Occupancy: Longer stays, rigorous ROI driving corporate travel recovery

Longer stays and more care over whether it is worth it are among the trends driving post-pandemic corporate travel, say industry specialists.


Weekly hotel results: Good start to winter for Christchurch 30th June 2023 /

Weekly hotel results: Good start to winter for Christchurch

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


Maximum Occupancy: The NZ hotel operators benefitting from the FIFA Women’s World Cup 29th June 2023 /

Maximum Occupancy: The NZ hotel operators benefitting from the FIFA Women’s World Cup

Thirty-one hotels across the country have secured bookings from the tournament organisers.


Weekly hotel results: Queenstown on the rise 23rd June 2023 /

Weekly hotel results: Queenstown on the rise

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.


Chateau Tongariro wins Enduring Architecture Award 22nd June 2023 /

Chateau Tongariro wins Enduring Architecture Award

Chateau Tongariro has won the Enduring Architecture Award from the western branch of the New Zealand Institute of Architects.


Hotel Challenges: May RevPAR tops pre-Covid but so do costs – Horwath HTL 19th June 2023 /

Hotel Challenges: May RevPAR tops pre-Covid but so do costs – Horwath HTL

And the highly anticipated FIFA Women’s World Cup is yet to turn into significant bookings for operators.


Weekly hotel results: Wellington first to fall below 2022 16th June 2023 /

Weekly hotel results: Wellington first to fall below 2022

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


Award for construction of Auckland double hotel tower 15th June 2023 /

Award for construction of Auckland double hotel tower

The construction company behind the voco and Holiday Inn Express double hotel tower has won an award for its site safety.


Weekly hotel results: Auckland stable while others slide 9th June 2023 /

Weekly hotel results: Auckland stable while others slide

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


JW Marriott teases room designs for Auckland hotel 8th June 2023 /

JW Marriott teases room designs for Auckland hotel

JW Marriott has unveiled its guest room design concepts as part of its $25m refurbishment project of the former Stamford Plaza.


Weekly hotel results: Stable May gives way to winter 2nd June 2023 /

Weekly hotel results: Stable May gives way to winter

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.


Weekly hotel results: The lull before the snow for Queenstown 26th May 2023 /

Weekly hotel results: The lull before the snow for Queenstown

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.


M&C: $189m Brisbane acquisition beachhead for further Aus expansion 25th May 2023 /

M&C: $189m Brisbane acquisition beachhead for further Aus expansion

Millennium & Copthorne NZ hopes the purchase will open doors to further deals across the ditch.


ADR on the march: Hotel rates up a quarter on pre-Covid 22nd May 2023 /

ADR on the march: Hotel rates up a quarter on pre-Covid

Average daily rates across the country were up significantly in April compared to the same month in 2019, according to Horwath HTL.


Weekly hotel results: TRENZ keeps Christchurch top 19th May 2023 /

Weekly hotel results: TRENZ keeps Christchurch top

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


Hoteliers “terribly disappointed” after Auckland Council wins APTR battle 12th May 2023 /

Hoteliers “terribly disappointed” after Auckland Council wins APTR battle

A Supreme Court ruling brings to an end a four-year legal fight, opening the door for APTR’s reinstatement.


Weekly hotel results: Wellington gets a shot of supply 12th May 2023 /

Weekly hotel results: Wellington gets a shot of supply

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


Sarin turns to debt free strategy to drive out of pandemic 5th May 2023 /

Sarin turns to debt free strategy to drive out of pandemic

The owner operator launches two hotels in two weeks, putting extensive delays and Covid disruption behind it.


Weekly hotel results: Auckland dips after April holidays 5th May 2023 /

Weekly hotel results: Auckland dips after April holidays

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.


Weekly hotel results: Autumn slide arrested 28th April 2023 /

Weekly hotel results: Autumn slide arrested

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


Weekly hotel results: Holiday bump for Queenstown 21st April 2023 /

Weekly hotel results: Holiday bump for Queenstown

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


InterContinental Wellington to open GPO 17th April 2023 /

InterContinental Wellington to open GPO

InterContinental Wellington will open the doors to its new GPO restaurant on 21 April.


Hotels hit 80% occupancy for first time since pandemic – Horwath HTL 14th April 2023 /

Hotels hit 80% occupancy for first time since pandemic – Horwath HTL

Occupancy in most of NZ’s key markets is down on pre-Covid but supply has grown significantly since then.


Weekly hotel results: Wellington slips in run to Easter 14th April 2023 /

Weekly hotel results: Wellington slips in run to Easter

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.


Tech platforms collaborate on intelligence for hoteliers 13th April 2023 /

Tech platforms collaborate on intelligence for hoteliers

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Weekly hotel results: Christchurch fares best in slide to mid-autumn 11th April 2023 /

Weekly hotel results: Christchurch fares best in slide to mid-autumn

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


Weekly hotel results: Steady, stable March for hoteliers 31st March 2023 /

Weekly hotel results: Steady, stable March for hoteliers

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.


Millennium & Copthorne to start hotel refurbs 31st March 2023 /

Millennium & Copthorne to start hotel refurbs

Refurbishments are soon to start at Copthorne Hotel & Resort Bay of Islands and the Millennium Hotel Rotorua.


“We’re living off Aus, NZ high net worths” – Kevin Carlin on first year of his ‘6-star’ hotel 28th March 2023 /

“We’re living off Aus, NZ high net worths” – Kevin Carlin on first year of his ‘6-star’ hotel

The Carlin ramps up sales and marketing to take the brand worldwide as the hotel’s real estate comes to market.


Weekly hotel results: Solid start to autumn for Auckland 24th March 2023 /

Weekly hotel results: Solid start to autumn for Auckland

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


Weekly hotel results: Queenstown demand holds up into autumn 17th March 2023 /

Weekly hotel results: Queenstown demand holds up into autumn

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 deal helps drive Q1 hotel investment past $100m – JLL 16th March 2023 /

Distinction Hotels deal helps drive Q1 hotel investment past $100m – JLL

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.


Weekly hotel results: Christchurch comes off late summer peak 10th March 2023 /

Weekly hotel results: Christchurch comes off late summer peak

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.


Naumi eyes southern expansion, adjusts offerings & strategy with rapid recovery 7th March 2023 /

Naumi eyes southern expansion, adjusts offerings & strategy with rapid recovery

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


Short-term accom consent value drops 30% 6th March 2023 /

Short-term accom consent value drops 30%

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.


Weekly hotel results: From strength to strength for Wellington’s hotels 3rd March 2023 /

Weekly hotel results: From strength to strength for Wellington’s hotels

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.


Weekly hotel results: NZ strengthens despite weather woes 24th February 2023 /

Weekly hotel results: NZ strengthens despite weather woes

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


Visitors return, but hotel profitability still under pressure – Horwath HTL 20th February 2023 /

Visitors return, but hotel profitability still under pressure – Horwath HTL

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


Staff shortages, cost increases plague “tough” year for Millennium hotels 17th February 2023 /

Staff shortages, cost increases plague “tough” year for Millennium hotels

Millennium & Copthorne Hotels managed to increase revenue in 2022 but rising costs ate into profit in another “tough” year for the operator.