Friday, 08 April 2022 05:23

NZ hotel recovery stutters

The Omicron outbreak and related restrictions continue to stall any meaningful recovery of hotel performance in New Zealand. Last month’s Revenue Per Available Room (RevPAR) was 28% of its pre-pandemic level in March 2019, according to Hotel Data NZ (HDNZ).

Occupancy levels varied from a low of 22% in Queenstown to a “high” of 54% in the Nelson/Marlborough region, averaging 33% across the country’s main hotel markets.

Published in New Zealand