Hotels saw a 1% increase in current value sales in 2015. Luxury hotels registered the strongest current value growth of 9%. New Zealand was the subject of media attention as it has one of the highest average room rates in the world. Tourist destinations Auckland and Queenstown have increased room rates. Contributing factors were limited supply and high demand, with more arrivals putting pressure on lodging capacities. Supply remained tight as outlet growth stagnated. As a result, hotel occupancy...
Euromonitor International's Lodging in New Zealand report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size data 2011-2015, allowing you to identify the sectors driving growth. It identifies the leading companies and offers strategic analysis of key factors influencing the market - be they new legislative, technology or pricing issues. Background information on disposable income, annual leave and holiday taking habits is also included. Forecasts to 2020 illustrate how the market is set to change.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
Get a detailed picture of the Lodging market;
Pinpoint growth sectors and identify factors driving change;
Understand the competitive environment, the market’s major players and leading brands;
Use five-year forecasts to assess how the market is predicted to develop.
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