'Save next summer': Hospitality sector pleads for self-isolation removal

Dropping self-isolation will allow the local accommodation sector to 'salvage something of summer'. (Image: Marriott)

Tue, 22 Feb 2022

International travel is closing in on pre-pandemic levels, judging by the financial performance of the world’s largest hotel group.Marriott International, which has 7,600 properties across 30 hotel brands in 139 countries, last week reported a net income of US$468 million (NZ$696m) for the December 2021 quarter. That’s a turnaround from a loss of US$164m for the comparable 2020 result.Occupancy for the quarter was at 58% with revenue per available room (Revpar) up 40% from the beginning of the year. The group’s global average...

Subscribe to BusinessDesk

Unlock access to all stories with this special annual deal for just $99. Sale ends Monday 25 November 2024 11.59pm.

Stay informed on business, government and financial developments across New Zealand.
Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Subscription renews at $349. Find out more.

We are serious about journalism.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].interval) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Property

Crunch time for Du Val founders

A tearful Charlotte Clarke details the pressure of personal receivership.

Garth Bray 5:00am

Markets

New $100m Icehouse fund for growth companies

Growth-stage venture market at its most 'investor friendly' since 2013 - Icehouse.

John Anthony 5:00am

New $100m Icehouse fund for growth companies

Transport

Global boat hire club enters NZ market

Kiwi secures franchise rights to launch Freedom Boat Club in New Zealand.

John Anthony 5:00am

Sponsored

Electric vehicles charge ahead for summer road trips as Z Energy boosts network

Expanded charger network makes long-range drives easier.

Z Energy

Sponsored

Culture strengthens Māori business

Collaboration and culture offer strength in turbulent times.

BDO

More Coronavirus

Policy

Covid projects 'let down' by 'absence of clear records'

The auditor general says too little was documented about why decisions were made.

Pattrick Smellie 13 Dec 2023

Finance

MicroGEM parent owes $44m according to UK liquidator

The court ruled the company made unlawful deductions from wages.

Riley Kennedy 30 Oct 2023

Finance

MicroGEM’s staff went 222 days without pay before resigning

Personal grievances, threatening emails and now a director wants to start again.

Riley Kennedy 17 Oct 2023

Coronavirus

Govt scraps last remaining covid-19 rules

Due to falling risk, the government has done away with the remaining covid-19 public health requirements, effective overnight.The last rules on seven days of mandatory isolation and wearing face masks when visiting health care facilities will no longer apply from midnight Monday....

Staff reporters 14 Aug 2023

'Save next summer': Hospitality sector pleads for self-isolation removal

More Coronavirus

Your company has a subscription

Team