Australia and New Zealand’s recovery is in full flight, albeit largely domestic led as international demand gradually returns to the region.
After two years of severe restrictions due to the pandemic, Australia and New Zealand are showing strong signs of recovery, as both countries learn to live with COVID-19.
The easing of travel restrictions and reopening of international borders will continue to drive the recovery.
Australia’s market recovery is currently slightly ahead of New Zealand’s, both in terms of borders reopening and latest market performance.
We expect domestic leisure to continue to lead the recovery in both countries, followed by an emerging return in the corporate/MICE segments and pick up in international visitation.
Download our latest report to get insights and outlook on the key hotel destinations in Australia & New Zealand.
Contributors:
- Kyle Wheatley
- Peter Harper
- Anthony Corbett
- Julian Whiston
- Shaun Jackson
- Ross Beardsell
