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Why the ANZ Travel Market is Contracting in 2026 (and What Recovers By 2029)

In Brief: The ANZ travel market is projected to contract in 2026 due to economic pressures and evolving traveler behavior, with recovery expected by 2029, impacting hotel occupancy, revenue projections, and development planning across Australia and New Zealand. Why the ANZ Travel Market is Contracting in 2026 (and What Recovers By 2029) – Image Credit Unsplash    According to Phocuswright’s research report Australia-New Zealand Travel Market Brief 2026, the ANZ travel market is heading into a contraction after several years of steady growth.Rising fuel costs, geopolitical instability tied to the Iranian conflict and continued cost-of-living pressure on domestic travelers are combining…

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