Despite headwinds, the recovery continues
Insight
28 August 2023
Hotel Destinations Australia & New Zealand
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Destinations within Australia and New Zealand have shown a strong hotel recovery over the past 18 months, well ahead of initial expectations. This has been driven by a booming domestic leisure market where both Australians and New Zealanders sought to rediscover their own backyards due to an inability to travel more broadly. The reopening of international borders in 2022 continues to drive the recovery across the region, despite current headwinds and global challenges in airlift.
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