
Motels, Hostels and Holiday Parks in New Zealand - Industry Market Research Report
Description
Motels, Hostels and Holiday Parks in New Zealand - Industry Market Research Report
Motels, Hostels and Holiday Parks in New Zealand
The Motels, Hostels and Holiday Parks industry faced heavy restrictions on demand during the COVID-19 pandemic. From March 2020 to June 2022, the Central Government (Te Kawanatanga o Aotearoa) closed New Zealand's international border, causing a collapse in overseas visitors to New Zealand. Intermittent nationwide and city-wide lockdowns also disrupted demand. Overall, revenue has declined by an annualised 1.1% to an estimated $2.5 billion over the past five years. Nonetheless, high levels of government stimulus, increased household discretionary incomes and restrictions on outbound travel, caused higher than usual demand from domestic tourists. These trends protected the industry from the worst effects of the pandemic and have helped engineer a strong recovery - including an anticipated 21.5% revenue increase - as restrictions have eased.
Industry players operate a range of accommodation options including motels, hostels, holiday parks and serviced apartments. Industry establishments provide accommodation on a room or suite basis. Some industry players also provide other services, such as food and beverage sales, laundry facilities and transport arrangements.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
64 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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