New Zealand Hotels Figures H1 2023

New Zealand Hotel Market Overview

November 15, 2023 5 Minute Read

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Key Points: 


  • International arrivals continue to recover following border openings in mid-2022 and are now 35% below 2019 levels.
  • Nationwide occupancy rates are 63.6% for the 12 months to June 2023 and trending upward.
  • ADR’s exceed 2019 levels across all major markets by between 8.6% and 30.1%.
  • RevPAR’s in Wellington and Christchurch exceed 2019 levels driven by stronger occupancy recoveries
  • Tourism expenditure on accommodation exceeds 2019 levels in Christchurch and Queenstown