The performance of the New Zealand hotel industry improved for the fifth year in a row in 2017, on the back of continuing strong growth in inbound international visitor arrivals, and almost no growth in room supply. New supply is starting to come on stream, occupancy growth is slowing, the supply pipeline is strong, and there is competition from Airbnb. But the mood of the industry is buoyant, writes Stephen Hamilton, of Horwath HTL New Zealand.

About Horwath HTL

Horwath HTL is focused one hundred percent on hospitality, tourism, and leisure consulting. Our services cover every aspect of hotel real estate investment, tourism, and leisure development. Our clients choose Horwath HTL because we have earned a reputation for impartial advice that will often mean the difference between failure and success. Each client project is unique, and they rely on us to utilize the experience we have gained throughout our 100-year history to assist them in achieving their goals. Being a global firm with 52 offices in 40 countries, we have successfully carried out over 40,000 assignments for both public and private clients. As part of the Crowe Global network, a top-ten accounting, and financial services network, Horwath HTL is the number one choice for companies and financial institutions looking to invest and develop in the industry.

For more information, please visit www.horwathhtl.com.

Stephanie Henley
Horwath