Summer closes on high for Queenstown hotels

28th February 2025 By Staff Reporter | news@propertyticker.co.nz | @propertyticker

Good occupancy over the summer and even better room rates have given Queenstown’s hotels a decent bump in revenue, according to figures from STR.

The destination enjoyed the best spring of the major hotel markets and has had a decent summer too, setting and average daily rate record for New Year’s Eve of $672.66 and a monthly record in January 2025 of $397.

In comparison with the week of 18-24 February 2024, Queenstown recorded for the week of 16-22 February 2025:

• Average occupancy down 1.6% to 77.1%
• Average daily rate (ADR) up 7.2% to $289.69
• Revenue per available room (RevPAR) up 2.2% to $223.39

Across New Zealand, average weekly occupancy last week dipped 2.3% to 83.6%, compared to the same period last year, ADR slipped 0.7% to $262.71, and RevPAR dropped 3% to $219.56.

STR collects daily accommodation data from 44% of all hotel rooms in New Zealand, including 70% of all rooms in Auckland, 67% of all rooms in Queenstown, 52% of all rooms in Christchurch, and 50% of all rooms at Wellington hotels.