Hotels will recover over the forecast period but will struggle to return to pre-COVID-19 levels, as demand from key cohorts will be largely missing. Business travel, in particular, is unlikely to return to higher levels, as many turn to video-conferencing, reducing face-to-face time with clients and colleagues.
While travellers have shown a preference for hotels during the pandemic – particularly well-known luxury and upscale hotels for the reassurance they provide - this is likely to be temporary. Travellers will return to searching for unique travel opportunities, leading to a boom in demand for "boutique hotels," reflecting the destination's personality.
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Understand the latest market trends and future growth opportunities for the Lodging (Destination) industry in New Zealand with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Lodging (Destination)
Lodging (Destination) covers the main types of lodging used by inbound and domestic tourists, providing a destination point of view (also known as point of supply). Lodging value is measured in terms of the price paid for lodging by the consumer and businesses based on total room sales. It does not include food and drinks or any other form of revenue that is not directly related to lodging, such as events and conferences and guest services, such as gym, spa, shop, room service, restaurant and café. Lodging volume is measured in terms of number of outlets and rooms at year end, and room nights as total of the full year.
See All of Our DefinitionsThis report originates from Passport, our Lodging (Destination) research and analysis database.
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