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New Zealand Hotel Market Snapshot

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NZ_AucklandCBD_Hotels_NZ Hotel Market Snapshot October 2022

October 2022

Colliers is pleased to present our latest New Zealand Hotel Market Snapshot.

The New Zealand hotel market continues on its strong recovery path on the back of a full opening of the country's borders and a gradual ramp up of international airline capacity.

Recovery has thus far been driven by strong room rates across the country and despite recovery in Occupancy still lagging, 3 of the 5 main regions have now recorded quarterly RevPAR above the corresponding period in 2019. 

All indications are now suggesting that we will see an earlier than anticipated recovery to pre-pandemic levels.

Download the report today to find out more on the latest performance of the New Zealand hotel sector.

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New Zealand Hotel Market Snapshot

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Related Experts

Dean Humphries

National Director | Hotels

Auckland CBD

Dean is a highly respected hotel investment advisor specialising in the disposal, acquisition and valuation of hospitality and tourism assets.  Dean provides advice to many institutional and tourism related entities including those noted in the client info tab.

Dean is also actively involved in a range of work in the wider South Pacific basin including; Fiji, Tonga & Samoa.

Dean joined Colliers International in May 2013 as National Director, Hotels for New Zealand and the South Pacific.

Prior to that Dean was Executive Vice President of Jones Lang LaSalle Hotels & Hospitality Group New Zealand & Queensland with over 25 years’ experience in the wider property industry.

He has also been actively involved in the wider property industry, holding a senior lecturing position at the University of Auckland between 1999 and 2011.

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Jackie Su

Senior Analyst & Investment Broker

Jackie joined Colliers International in January 2018, after completing his Bachelor of Commerce with First Class Honours in Finance at the University of Auckland and has since completed his Master’s degree. Jackie’s background in finance provides a strong foundation for specialisation in the hotel industry.

Jackie’s primary responsibilities include assisting Dean Humphries with client management and investment analysis during various divestment and advisory assignments. In addition, Jackie is fluent in Mandarin which enables the Colliers International New Zealand Hotel Division to effectively communicate with Chinese and other Asian clients and investors.

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