Data

New Zealand’s hotel sector has started autumn in decent shape, according to figures from STR.

Horwath HTL says national occupancy and revenue are closing in on pre-Covid highs.

The Electric Avenue music festival was a key driver of visitation in February.

RevPAR falls by more than 5% across the country’s hotel market in June, but Rotorua has been a highlight.

Upmarket accommodation and popular destinations like Queenstown and Rotorua fared the best of NZ’s hotel markets in May.

Christchurch has enjoyed the best start to winter with revenue per room, occupancy and average daily rate all up on the same time last year.

A cold snap with snow this week will hearten Queenstown’s hoteliers as the region’s ski fields count down to opening on 14 June.

Consents in the Waikato region appear to take the longest in the country to be approved, according to the latest government data.

Project completions for the most recent quarter have increased to be double digits again, however this is unsustainable given the size of the pipeline.

Construction costs barely rose in the second quarter of 2025, according to the latest QV CostBuilder.

The value of non-residential building consents totalled $8.9bn in the year to April 2025, down 7.6% from the previous 12 months.

New Zealand’s hotel market is entering winter in slightly better shape than last year, according to figures from STR. Revenue per available room last week averaged 4.4% up on the MORE »

Business confidence has contracted for a third month running, according to ANZ’s monthly sentiment survey.

Guest nights across New Zealand totalled 3.4 million in April 2025, up from 3.1 million for the same month last year.

RotoruaNZ says its region has reported guest nights growth during a period of national falls.

Queenstown leads the way but the major urban markets struggle, says the consultancy.

Wellington’s hotel market appears to be heading into winter early with a sharp fall in revenue per available room seen over the second half of autumn.

The value of building consents issued for non-residential buildings for the year to March 2025 totalled $7.40bn.

The value of residential building consents issued for the March 2025 year totalled $17.65bn, down 3.1% from the prior 12 months.

The figure is more than that traded in the whole of the last two years and about 60% of the record seen in 2021.

The number of real estate and property jobs fell 2% between February and March this year, according to Seek’s latest New Zealand employment report.

The price of domestic accommodation has fallen 2.9% between February and March 2025 this year, according to Stats NZ’s latest selected price indexes.

Retailers’ confidence of surviving the next twelve months has risen to 73%, according to the quarterly Retail Radar survey, although sales expectations are mixed.

The value of home loans in the second half of 2024 increased by 24.7% to $23bn, compared to the first six months of the year.

Queenstown and Nelson/Marlborough lead revenue growth across the country’s hotel sector in March.

After trailing last year’s results since the start of February 2025, New Zealand’s overall hotel market has managed to climb above the performance seen in March 2024, according to figures from STR.

QV says residential property values have largely been kept at a standstill throughout the first quarter of 2025.

A further lift in business confidence has been recorded in the first quarter of 2025, according to the latest NZIER Quarterly Survey of Business Opinion.

Wellington’s hotel market managed to lift itself above last year’s results after a bit of a summer slog, according to figures from STR.

Property values in Aotearoa New Zealand rose by +0.5% in March 2025, after a +0.4% lift in February, and a flat result for January, according to CoreLogic.