{"product_id":"motels-hostels-and-holiday-parks-in-new-zealand-industry-market-research-report","title":"Motels, Hostels and Holiday Parks in New Zealand - Industry Market Research Report","description":"\u003cp\u003eMotels, Hostels and Holiday Parks in New Zealand - Industry Market Research Report\u003c\/p\u003e\n\n\u003cp\u003eMotels, Hostels and Holiday Parks in New Zealand\u003c\/p\u003e\n\n\u003cp\u003eThe Motels, Hostels and Holiday Parks industry faced heavy restrictions on demand during the COVID-19 pandemic. From March 2020 to June 2022, the Central Government (Te Kawanatanga o Aotearoa) closed New Zealand's international border, causing a collapse in overseas visitors to New Zealand. Intermittent nationwide and city-wide lockdowns also disrupted demand. Overall, revenue has declined by an annualised 1.1% to an estimated $2.5 billion over the past five years. Nonetheless, high levels of government stimulus, increased household discretionary incomes and restrictions on outbound travel, caused higher than usual demand from domestic tourists. These trends protected the industry from the worst effects of the pandemic and have helped engineer a strong recovery - including an anticipated 21.5% revenue increase - as restrictions have eased.\u003c\/p\u003e\n\n\u003cp\u003eIndustry players operate a range of accommodation options including motels, hostels, holiday parks and serviced apartments. Industry establishments provide accommodation on a room or suite basis. Some industry players also provide other services, such as food and beverage sales, laundry facilities and transport arrangements.\u003c\/p\u003e\n\n\u003cp\u003eThis report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.\u003c\/p\u003e","brand":"Travel \u0026 Leisure","offers":[{"title":"February, 2023 \/ 36 Pages \/ MCW16195260","offer_id":47553417675058,"sku":null,"price":972.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/motels-hostels-and-holiday-parks-in-new-zealand-industry-market-research-report","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}