
Auckland Leads the Way: RevPAR Growth Across New Zealand Hotels
New Zealand Hotel Performance Focus November 2024
After six consecutive months of year-on-year declines, hotels in New Zealand experienced a 7% growth in Revenue Per Available Room (RevPAR) in November, driven by increased international visitor arrivals and major events. While cities like Auckland, Christchurch, and Queenstown saw robust performance improvements, markets such as Wellington and the Central North Island faced challenges due to reduced demand levels.