New Zealand Hotel Market Update

Download Report
Hotel sales New Zealand market update 2019 review and 2020 outlook

2019 Review and 2020 Outlook

The New Zealand Hotel sector continues to prosper as a result of robust growth in international visitation numbers and our domestic market. 

This has helped maintain high volumes of demand across the country resulting in the majority of key markets being at or near record performance levels in 2019.

The exception was Auckland, which saw a decline despite maintaining a healthy occupancy rate. Fewer major events, the postponement to the opening of the New Zealand International Convention Centre (NZICC) and increasing levels of new supply have precluded hotels from holding room rates at historic highs.


Hotel sales New Zealand market update 2019 review and 2020 outlook

New Zealand Hotel Market Update

Download Report
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.

View expert

Chris Bennett

Director | Hotel Advisory & Valuation

Auckland CBD

Chris specialises in the provision of valuation and consultancy advice for hospitality and tourism assets in New Zealand and South Pacific.  Chris is a Registered Valuer with a strong background in real estate and finance.  

Chris originally joined the Colliers International NZ Limited’s Valuation & Advisory Services Team in October 2003 becoming registered in 2007.  Subsequent to registration Chris spent four years working for a property firm in the UK, before returning to Colliers in April 2011.  In 2015 Chris moved to the ANZ as a manager of the Property Risk team before re-joining Colliers International in June 2017 as Director – Hotel Advisory and Valuation.

Chris’ experience gained while in the working and travelling over the past 16 years has provided him with a sound knowledge of the tourism real estate industry and banking procedures.

View expert