Horwath HTL Market Report: New Zealand: Hotel Market Snapshot
New Zealand's response to the COVID-19 pandemic has been widely praised both locally and internationally.
With the country's borders closed since March last year, the government is using 32 hotels as managed quarantine facilities for returning New Zealand residents, taking up to 40% of major hotel rooms in key hotel markets.
This report explains how the absence of international visitors and a captive domestic market has affected those major hotels that are not part of the government's managed quarantine programme.
About Horwath HTL
Horwath HTL is the world"s largest hospitality consulting brand with 45 offices across the world providing expert local knowledge. Since 1915 we have been providing impartial, specialist advice to our clients and are recognized as the founders of the Uniform System of Accounts which subsequently has become the industry standard for hospitality accounting. We focus one hundred percent on hotels, tourism and leisure consulting and have successfully completed over 16,000 projects. If you have any questions, please contact James Chappell, Global Business Director at [email protected].