New Zealand hotels recorded a solid year but Hoteliers are not expecting to see any significant improvement in their bottom line this year
Occupancy remained steady at 79%
Average hotel rate was slightly down
1,200-keys expected to come online in Auckland by the end of 2020
New Zealand hotels recorded a solid year, according to Tourism Industry Aotearoa.
Occupancy remained steady at 79%. The only region to show small growth was Central Park, which covers Taupo, Hawke’s Bay-Te Matau-a-Maui and Gisborne-Tairawhiti, up 2% to 69%.
Auckland-Tamaki-Makaurau hotels reported a small drop of -1% to 82%, the lowest occupancy in the city in the past five years, partly due to a drop in air crew room nights reflecting a small reduction in air capacity out of Auckland Airport.
The average hotel rate was slightly down at the national level, something sparking concern given new hotels that are due to open around the country. There are more than 1,200 new rooms expected to come online in Auckland alone by the end of 2020.
52% of all hotel guests were New Zealanders. NZ, USA and UK were the three visitor markets that increased their share of nights last year. China was flat while Australia and Japan showed a decrease.
Hoteliers are not expecting to see any significant improvement in their bottom line this year with no new major events scheduled.