• Queenstown was the fastest growing market again in 2017 with RevPAR growth of 16.1% down from 22.1% in 2016 as occupancy levels plateaued.
  • Nationwide hotels achieved an occupancy rate of 81.2% in the year to December 2017 up 0.4 percentage points on last year.
  • International visitors to New Zealand continue to put pressure on tourism infrastructure across the country with 3,733,707 visitors recorded across 2017, an increase of 6.7% on 2016 levels.
  • The growth in visitors from China was considerably lower than in recent years at 2.2% across the year.
  • The strongest visitor growth out of our key source markets in 2017 were from the USA and UK with increases of 13.3% and 12.8% respectively.
  • The need for new hotels to be built in main centres is growing with most markets indicating plateauing occupancy rates as existing supply reaches natural points of saturation.