Christchurch Forecasts Promising Growth in Travel and Hotel Industry for 2025

• Christchurch’s post-earthquake recovery phase transforms into strong economic growth, positioning the city as a primary gateway for South Island tourism.
• The city’s hotel and travel industry is set to benefit from major events and the opening of new public facilities, including the One NZ Stadium and Parakiore Recreation and Sports Center.

Christchurch, New Zealand, is expected to experience significant growth in its travel and hotel industry in 2025. The city, which has been undergoing a steady recovery since the devastating earthquake of 2011, is on the verge of transforming into a leading destination for both business and leisure travel.

Several key developments have fueled this transformation. The city’s public facilities, including the new conference centre Te Pae and the One NZ Stadium, which will open next year, are nearing completion. These facilities are expected to attract major events and conferences, which will, in turn, generate substantial revenue for the city’s hotel and hospitality industry.

A recent study by CBRE’s research and hotel teams found that big events such as concerts and sports matches can generate millions in additional revenue for hotel operators. If Christchurch can replicate this success, the benefits will extend to the city’s restaurants, bars, and retailers, particularly during off-peak periods.

The city is also seeing a surge in migration. Skilled professionals from around the country are reportedly seeking opportunities in Canterbury, adding to the city’s potential for economic growth. This influx of migrants will likely increase demand for accommodations and other services in the hotel and travel industry.

Moreover, the city’s primary industries, such as milk production, beef, and lamb, are showing positive trends, which could lead to increased consumer spending. As more locals and tourists engage in leisure activities, this will further boost the hotel and travel industry.

The city’s residential property market also remains competitive compared to national standards. The affordable housing, quality of life, and easy access to nature and outdoors make Christchurch an attractive place to live and visit. This is expected to attract more tourists and potential residents, increasing demand for hotels and travel services.

New facilities like the Parakiore Recreation and Sports Centre and the Court Theatre are expected to open in the coming year. These high-caliber facilities will further enhance the city’s appeal to locals and tourists.

Commercial property in Christchurch also presents a strong investment case. With low vacancy rates and strong tenant demand, the city offers promising opportunities for investors, especially as the availability and cost of debt financing improve.

As Christchurch continues to recover and grow, the city is poised to become a leading destination on the map for both business and leisure travel. This growth, coupled with the city’s robust recovery efforts and promising developments, signifies an exciting future for the city’s hotel and travel industry.