Report shows peak in Queenstown hotel prices

(Image: Sofitel Queenstown)

Mon, 18 Sep 2023

The country’s average room rate hit $224 last month, a 28% increase on the comparable pre-pandemic mid-winter rate of $175 – with Queenstown hotels spiking at $315 a night.The average daily rate (ADR) across the roughly 350 hotels – 70% of New Zealand’s available rooms – was up 7% year on year, almost in line with the rate of inflation. That was due to the Fifa Women’s World Cup and better ski conditions boosting occupancies in Auckland and Queenstown-Lakes, according to a joint report by hotel...

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