Better deals for guests as NZ hotel revenue slides back to where it ...
22 Jul 2024
New Zealand Herald

International recovery not making up for domestic weakness.
After surging post-pandemic, hotel room rates are coming down.
Hotel revenue in New Zealand is back to what it was before the pandemic as Kiwis stay away from hotels.
In June, revenue per available room (RevPAR) for major New Zealand hotels dropped by 11.5%