Main city ho­tels see a big­ger boom in guests

Taupo Times - - CLASSIFIED - JULIE ILES

The tourism boom is driv­ing un­prece­dented growth for ho­tels, but Queen­stown and Auck­land con­tinue to get a big­ger piece of the pie.

Col­liers In­ter­na­tional’s lat­est New Zealand Ho­tel Mar­ket Snap­shot found Queen­stown ho­tels had oc­cu­pancy of 90 per cent and earned an av­er­age daily rate (ADR) of $240 per oc­cu­pied room, from the start of the year to March. Queen­stown ADR was up 15 per cent com­pared to the first quar­ter last year.

Auck­land had 91 per cent oc­cu­pancy and an ADR of $225 per oc­cu­pied room, an in­crease of 15 per cent com­pared to the first quar­ter last year.

The amount of money ho­tels raked in on av­er­age grew across the re­gions, though Welling­ton, Ro­torua, and Christchurch had less growth in the price of ho­tel rooms.

Welling­ton ho­tels had an ADR of $177, up 5 per cent from the first quar­ter last year, Christchurch’s ADR was $170, a less than 1 per cent in­crease on a year ago, and Ro­torua had a $140 ADR, which was up a 8 per cent.

Oc­cu­pancy rates for the year plateaued in most main cen­tres, with no change in Welling­ton, and Christchurch down 3.5 per cent

Col­liers In­ter­na­tional na­tional di­rec­tor of ho­tels Dean Humphries said it’s likely this year would be an­other record­break­ing one for ho­tels, es­pe­cially due to the Bri­tish and Ir­ish Lions tour in June and July and the re­cent World Mas­ters Games in Auck­land.

Humphries said the 25,000 peo­ple who par­tic­i­pated in the World Mas­ters Games had driven up oc­cu­pancy rates in Auck­land.

‘‘More than 20,000 fans are ex­pected to visit our shores dur­ing the month-long tour, which will cre­ate a spike in ho­tel per­for­mance, as last wit­nessed dur­ing the pre­vi­ous Lions tour in 2005 and the Rugby World Cup in 2011.’’

Mar­riott In­ter­na­tional is bring­ing a Four Points by Sher­a­ton ho­tel to Queen Street in Auck­land. The 21-level ho­tel will have 255 rooms and open later this year.

Humphries said the in­vestor sen­ti­ment for these kinds of projects re­mains strong, based on a re­cent road­show to Asia pro­mot­ing the One Mar­ket Square ho­tel de­vel­op­ment that would bring 165 rooms to a water­front site in the heart of the Viaduct Har­bour.

SUP­PLIED

Mar­riott an­nounced it ex­pects to de­but its boom­ing Four Points ho­tel by Sher­a­ton brand in Auck­land later this year.

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