New Zealand Hotels Figures – H2 2025

New Zealand’s hotel sector accelerated in late 2025 with continued growth in international arrivals, strengthening demand, and rising performance across nearly all key metrics. Supply growth remains limited, allowing occupancy, ADR and RevPAR to climb.

Queenstown and Rotorua lead national growth, Auckland is rebounding with new demand drivers in 2026, Christchurch is nearing full 2019 recovery, and Wellington remains soft under weaker government and corporate demand.

Investor confidence is returning, with international buyers re-entering and several major transactions completed.