Crystal Liu

Director, Beijing, China

Ms Liu is a Director in the Beijing office.

Report

New Zealand Hotel Performance Focus June & Q2 2026

New Zealand’s hotel sector delivered solid RevPAR growth in June, but the picture is far from uniform. Our latest June and Q2 2026 report explores how gateway markets such as Queenstown, Christchurch and Auckland are capitalising on rising international arrivals, while many regional destinations struggle with a softening domestic market and higher travel costs. The report also shows how the growing role of Australian airports as transit hubs is stimulating off-season growth in international visitors to New Zealand. Download the report below to read our full analysis and regional highlights.

Wim Ruepert
Wim Ruepert
Director, New Zealand
Viewpoint

Ranking, referred, or ignored? How AI is rewriting Hotel discoverability

For 20 years, hotel discoverability has been treated as a marketing problem with a distribution answer. Rank on Google, buy the paid slots that matter, list on the OTAs, keep brand.com respectable, and the demand finds the hotel. Owners fund the machine, operators run it, and the mix of organic search, paid search, and OTA-referred traffic settles at some manageable share.

Shyn Yee Ho
Shyn Yee Ho
Director, Singapore
Viewpoint

The rise of ‘Active Luxury’

For most of the twentieth century, the poolside lounger was the symbol of a vacation well spent. Luxury was measured by the ability to do nothing at all. That image still sells postcards, but it barely describes what guests are looking for today.

Diego Rodriguez
Diego Rodriguez
Managing Partner, Argentina
Viewpoint

One Hotel, Two Realities

For decades, a hotel’s value was explained mainly by three factors: location, category, and operating results. Although these elements remain fundamental, the reality of today’s hotel market is far more complex. The growing sophistication of investors and the professionalization of investment processes have significantly changed the criteria used to evaluate opportunities in the sector.

Antoni Cuadrada
Antoni Cuadrada
Senior Advisor, Spain
Viewpoint

A New Exchange Rate Reality

Following the 12 April 2026 general election, in which Péter Magyar’s Tisza party swept Viktor Orbán’s Fidesz from office after sixteen years in power, the Hungarian forint has staged one of its sharpest and most sustained rallies in over two decades. The EUR/HUF exchange rate — the number of forints required to buy one euro — has moved from around 395–400 in the first quarter of 2026 to the mid-350s by late June: an appreciation of roughly 10–15% depending on the reference point, taking the forint to its strongest level against the euro in nearly five years

Attila Radvánszki
Attila Radvánszki
Partner, Hungary
Viewpoint

Emerging Technology & Wellness

Horwath HTL NZ recently presented at the 2026 Design Inn Symposium in Adelaide, a partnered event with the Asia Pacific Hotel Industry Conference & Exhibition. This provided a timely opportunity to explore the intersection of wellness and technology, and to consider how emerging innovations are shaping the future of hospitality design, guest experience, and human wellbeing.

Douglas Drummond
Douglas Drummond
Director – Tourism and Leisure, New Zealand