Queenstown Displaces Sydney as Oceania’s Costliest Hotel Market

Queenstown, New Zealand’s leading international holiday destination, had the highest hotel room rates in Oceania through 2018, displacing perennial front-runner Sydney, which is still strong but adjusting to the competitive impact of numerous new properties.

This has most definitely not been the case in Queenstown, or New Zealand generally, where hotel investment and development has lagged visitations. This is particularly so in Queenstown, where complaints of over-tourism are growing louder.

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