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Market report: New Zealand tourism and hotel market overview
Monday, 9th July 2018
Source : Stephen Hamilton

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.

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