New Zealand's tourism sector is well placed for significant growth with visitor numbers risingrapidly as the country benefits from increased global awareness of its many attractions and improvingtravel connections. New Zealand offers a healthy environment for investors with strong governmentalsupport, a well-regulated tourism sector and very little corruption and alongside the expected growth inarrivals this should translate to solid investment in the currently relatively small hotel sector.
Key Updates And Forecasts
A number of global hotel groups are expanding their holdings in New Zealand. One of the latest to openis the Crowne Plaza by InterContinental Hotel Group in Christchurch which launched in July 2017after an extensive refurbishment.