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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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Chris Hutching for NBR NZ Property Investor
Thu, 14 Jun 2012
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Less construction good but visitors stay for shorter time
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