Events Drive New Zealand Hotel Revenue Growth
Skift Take
Horwath HTL reported New Zealand hotel market grew 10.7% in RevPAR in September, the highest since December 2023. Plus, more hotel deal and development news.
Horwath HTL reported the New Zealand hotel market showed nationwide growth in RevPAR in September, up 10.7% year-on-year. This is the highest monthly growth rate recorded since December 2023. The growth was primarily attributed to demand generated by events, along with increased visitor arrivals from across the Tasman.
Bloomberg reported that Thailand’s government announced plans to boost domestic tourism. The stimulus will be proposed in a cabinet meeting next week. It will let domestic tourists use travel expenses to reduce taxable income. There will also be initiatives to increase spending on conferences and events and to encourage hotel renovations.
Indonesia’s tourism sector is experiencing significant growth, with the country seeing record-breaking numbers of international visitors in the first eight months of 2025. The Minister of Tourism said that in August, the number of international arrivals rose b
