The New Zealand hotel market has recorded yet another
outstanding summer trading period led by stellar performances in Auckland and
Queenstown where occupancy rates of 90% and ADR growth in excess of 15% were
achieved as at the end of the first quarter of 2017. Looking ahead, strong
market fundamentals together with high profile international events including
the upcoming British and Irish Lions Tour will set the New Zealand hotel sector
up for potentially its best performing year on record.