Less construction good but visitors stay for shorter time
Chris Hutching for NBR NZ Property Investor Thu, 14 Jun 2012
Hotel room occupancy is tipped to rise because of a lack of new hotel construction.
Horwath HTL accommodation consultant Terry Ngan says the new Novotel on Customs St, Auckland - an office conversion - has yet to begin, while the 108-room Greenlane hotel has not yet been completed.
The
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