ANZ Luxury Hotels Outperform Wider Market on Tight Supply
Australia and New Zealand's luxury hotel sector is outpacing the broader market, driven by expanding rate premiums and constrained future supply. The median price per key has surged 81% to $718,000, attracting strong domestic and international investment.
Key Takeaways
- 1ANZ luxury demand grew at a 2.9% CAGR since 2019, more than double the wider market's 1.3%
- 2Median transaction price per key jumped 81% to reach $718,000 in the 2023–2026 cycle
- 3Development is set to thin post-2027 due to feasibility constraints, protecting existing asset values
Source: eHotelier
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