NZHOA pressures for APTR’s complete removal

Reinstating the Accommodation Provider Targeted Rate (APTR) in March 2021 when tourism demand will only begin to re-emerge will place even more uncertainty on our hotel sector’s survival. In NZHOA’s submission on Auckland Council’s Emergency Budget 2020-20121, we urged Auckland Council to continue its support of the hotel sector by removing the APTR indefinitely. Auckland…

NZ Hotel benchmarking for May 2020

Hotel Data New Zealand (HDNZ) which has replaced the monthly hotel data survey shows continued low occupancies and RevPar for May 2020. While bookings are coming through for the ski season and July school holidays, heavily discounted hotel rates is making profit difficult with the domestic market a long way off from providing the volume…

NZ International Tourism Recovery RoadMap

A visual roadmap has been developed showing New Zealand’s international market recovery based on the trans-Tasman border being opened in October, and Asia-Pacific by Christmas. If both eventuate within this time frame, the Tourism Export Council of New Zealand (TECNZ) predicts we can return to pre-Covid annual visitor arrivals by year end March 2024.

South Island likely to be hit hardest by Covid-19 recession

A just-released report by Westpac predicts that the southern regions will be most impacted by New Zealand’s economic recession with those heavily reliant on international tourism, such as Otago, likely to be hardest hit. The bank’s June regional roundup report cites Wellington and Auckland as having the best prospects of recovery with the capital supported…