19th February 2024 Horwath HTL / HotelsThe consultancy says it is only some regional markets that are seeing RevPAR that matches or exceeds the 21% CPI increase and 25% wage growth seen since the pandemic.
14th November 2023 Horwath HTL / HotelsWellington sees little govt activity following the election as political parties negotiate.
19th October 2023 Horwath HTL / HotelsDemand for hotel rooms is holding up among domestic visitors but operators could do with more international bookings, says Horwath HTL.
18th September 2023 Horwath HTL / HotelsDecent spring snow, the FIFA Women’s World Cup, and the growing business events sector combined to give New Zealand’s hotels a lift in August 2023, according to Horwath HTL.
16th August 2023 Horwath HTL / HotelsThe 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.
12th July 2023 Horwath HTL / HotelsHorwath HTL also notes that RevPAR over H1 2023 has surpassed pre-Covid, driven by strong ADR.
19th June 2023 Horwath HTL / HotelsAnd the highly anticipated FIFA Women’s World Cup is yet to turn into significant bookings for operators.
22nd May 2023 Horwath HTL / HotelsAverage daily rates across the country were up significantly in April compared to the same month in 2019, according to Horwath HTL.
14th April 2023 Horwath HTL / HotelsOccupancy in most of NZ’s key markets is down on pre-Covid but supply has grown significantly since then.
20th February 2023 Horwath HTL / HotelsHotel profitability remains under pressure despite the return of international visitors, according to Horwath HTL.
19th December 2022 Horwath HTL / HotelsHowever, occupancy remained well below 2019 levels due to the addition of around 4,200 rooms.
17th November 2022 Horwath HTL / HotelsOperators are being forced to cap room supply while demand and cost pressures rise.
11th October 2022 Horwath HTL / HotelsStaffing challenges could create reputational damage if summer demand is not satisfied, warns the consultancy.
20th September 2022 Horwath HTL / HotelsRoom nights sold in five out of eight key markets returned to pre-Covid levels in August.
15th August 2022 Horwath HTL / HotelsADR jumps as guests fork out to secure scarce rooms in Queenstown and Te Pae helps boost demand in Christchurch.
25th July 2022 Horwath HTL / HotelsAverage daily rates jumped in June with little resistance from consumers, says the consultancy.
12th May 2022 Horwath HTL / HotelsNZ’s hotel sector is on the move with the lifting of border and Covid restrictions helping to drive performance.
