After a slow first quarter, the council-owned Queenstown Lakeview Holiday Park is back on budget after good earnings over Christmas.
But the Arrowtown holiday park is still operating at a loss.
The Queenstown holiday park struggled to meet its budget in the first quarter of the financial year but has since caught up.
The financial report for the period up to December 31, 2009, showed a net operating surplus of $281,000, $57,000 ahead of the budget for the first half of the financial year.
The Arrowtown Born of Gold Holiday Park, which is also owned by the council, was budgeted to show a $144,000 six-month operating deficit but the actual figure was $6000 worse.
In a report to Queenstown Lakes District Council's finance and corporate accountability committee, holiday park manager Greg Hartshorne said both parks had recovered after suffering through the first three months of the financial year, and were now at least on par with previous years.
International travellers were flocking back to the parks, especially those in campervans.
While there had been fewer forward bookings for rooms compared with previous years, there appeared to be an increase in the number of "walk-in" customers.
"I believe that we are in a strong position going into the second part of the year, and have no concerns with regard to meeting budget [for the entire year]," Mr Hartshorne said.
The budget for the financial year ending June 30, 2010, shows an expected net operating surplus for the Queenstown park of $490,000, and a $218,000 net loss for the Arrowtown park.