Airbnb listings are generally very safe, and with a 50% review rate, you can be sure to have adequate information about the listing before your stay. Different towns and cities around the country have varying Airbnb statistics, so be sure to get to know how your listing should perform. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. The Best Airbnb Deals in Auckland, New zealand. From Until Guests +-AirDNA Score: 100. In addition to our tips for staying safe online when booking an Airbnb, we recommend taking your time to do some research, especially if you are heading out of the country. Plimmer Towers However, the scope of the background checks is limited. Many New Zealanders have spent way too much money on housing, so why not accept them using the asset productively as being a sensible choice? The $1 billion-dollar Airbnb Host Endowment launched in October 2020 with the purpose of providing emergency funds, educational grants, and other support to hosts and their families. Private accommodation, on the other hand, makes use of an accommodation resource that is already there, but is simply underutilised. However, these companies are understandably cagey to release commercially-sensitive data on their market positions. This step enables us to get a feel for how many people are choosing Airbnb over hotels, motels, and other traditional options. In December 2019, 10.4 million guests stayed in an Airbnb for the holidays: On any given night, 2 million people are staying in Airbnb rentals across the world, Airbnb’s main website saw 91 million visits in January 2020 with 50% of traffic through mobile devices, Airbnb’s yearly revenue in 2018 was $3.6 billion, increase of 38% from 2017, Airbnb’s yearly revenue in 2017 was $2.6 billion, increase of 73% from 2016, Airbnb has over 400 agreements with local and national governments to automate the collection of tourism taxes, collecting over $2 billion in tourism-related taxes through these agreements. Is there a certain amount you are allowed to earn before declaring? Is the area where you are staying safe to park a car overnight? Other issues are caused by cancellations, scams, or fake listings. Are they fronts for a large company with a huge portfolio of properties or are you truly supporting a resident where you’re planning to visit? For Airbnb, that means there's plenty of upside potential in the stock even as the company has already disrupted the hotel industry. Note: statistics on entire vacation rental industry found here. Wellington In 2019, Airbnb became heavily regulated, restricted or made illegal altogether in many cities where it previously had very high numbers of listings and bookings: Airbnb statistics indicate that COVID-19 lockdowns and quarantines have taken a massive toll on the company’s revenue. Michael, Kat, and Amol were Airbnb’s first three guest arrivals; now, a decade later, three guests check into an Airbnb listing every half-second. Having now established what each host makes and the size of Airbnb’s footprint in New Zealand, it is interesting to put these estimates alongside the commercial accommodation sector. Price Range. Find adventures nearby or in faraway places and access unique homes, experiences, and places around the world. Check our future stats to see if you should change your rate based on occupancy. Consider that 13,500 units of housing in New York City have been lost through Airbnb. About 13.45% of guest issues are caused by unsafe or unpleasant conditions, such as bug infestations, broken appliances, hostile/intimidating hosts, or hidden cameras in the unit. By comparison, Auckland’s 7,000 listings represent approximately 1.3% of the 540,000 dwellings in our biggest city. Airbnb is a community based on connection and belonging—a community that was born in 2008 when two hosts welcomed three guests to their San Francisco home, and has since grown to 4 million hosts who have welcomed over 800 million guest arrivals to about 100,000 cities in almost every country and region across the globe. 1 Bed. Taking the total revenue estimates outlined above, in conjunction with average Airbnb listing prices per effective room (calculated using data from Airdna) and the assumption that occupancy per room is similar to commercial accommodation, we found some startling results. Find unique places to stay with local hosts in 191 countries. Other innovations designed to keep the company afloat include Online Experiences: More than 80% of Online Experience guests attend from outside the host’s home country. In a study by Morgan Stanley, they … P2P providers already self-regulate themselves, with a peer reviewing system that effectively pushes private households into ensuring they deliver a quality experience. The fastest-growing host demographic is seniors, with over 400,000 senior hosts: Women constitute 56% of hosts and have earned $32 billion since the company began in 2008. But Infometrics calculations in the following table shows that both destinations are higher yielding than other parts of New Zealand (just over $1,500pa). Even if you buy an investment property in one of the cities listed above with high occupancy rate and the Airbnb laws allow you to rent it out as you please, you still have to find a good neighborhood for short term rentals. The most popular cities for booking experiences are: As of 2019, there are over 40,000 Airbnb Experiences worldwide. Launched in February 2018 for exceptional in-person verified properties: Plus homes are available in 41 cities around the world, twice as many since launch, Plus homes earn up to 400% more than standard listings, Plus home listings are more likely to be seen by guests, As of February 2020, there are over 26,000 Plus listings, 43% of guests indicate functionality is their top valued amenity, 58% of millennials indicate social media worthiness is a major factor in booking decisions, 59% of US guests, 46% of Australian guests and 39% of Italian guests value air conditioning over wi-fi, Guests from the US, Australian and Canadian tend to value free parking over a pool, Hotels such as Marriot International are adding home-rental offerings to their portfolios. New Zealand hosts rented out their houses or rooms for an average of 26 to 27 nights a year. Depending on the tech-savviness of the Airbnb host, checking in might be a complicated process. Most hotels making checking in and out a breeze. Many properties will also have their own website with more in-depth information, photos, and location. To qualify for a listing, the Host must have: Plus homes are available in 41 cities around the world, twice as many since launch. According to AirDNA’s data, these are the top 10 Australian cities tipped to see a good 2019 for new Airbnb investors: 1. $70 /night. Just over half (53%) of Airbnb properties can be classed as houses and 37% as apartments. Find Deals. A key part of this training would also be ensuring that households had access to local resources, so that they could assist their guests in knowing what range of visitor activities were on offer in their area. There are no studies indicating that Airbnb expansion in an area results in increased construction of housing. There are several other P2P platforms providing private accommodation in New Zealand, such as Bookabach and Holiday Houses. In New York the rise in sale prices for residential properties was as much as 11%. After all, hotels are an extremely capital intensive investment and, apart from peak summer months, have relatively low occupancy the rest of the year. Infometrics is a leading NZ economic consultancy. Shopify Statistics (Market Share, Revenue, Sellers & More) August 10, 2020 Shopify is one of the top 3 leaders of cloud-based E-Commerce, with this platform offering software for merchants in many industry areas to promote and manage their online products and services. community cancel. In Boston, where the study was conducted, rent had increased by $178.o0 due to Airbnb activity. + The MUA rules apply to properties owned by individuals, partnerships, look-through companies, trusts and other close companies and therefore capture the most common investment or … If you will be driving a vehicle, check to see if parking is available. When Airbnb does determine a user has been convinced of any of the following offenses they will be permanently banned from the platform: There are many factors to consider if you are considering purchasing a property to use as a vacation rental. If Airbnb has enough identifying information they will check databases for criminal records and national sex offender registries within the U.S., and to the extent permitted by the law in that host’s country. Over the year to March 2017, we estimate that there were just under 1,000,000 Airbnb guest nights in New Zealand. For a more home-away-from-home experience, most Airbnbs will be better than a hotel. A 2016 study suggested that a 10% increase in Airbnb listings led to a 0.42% increase in rent prices being asked in that area. The question now is where to from here? Here are the, 390,000 Airbnb guest nights in Auckland, 180,000 in Queenstown, Threatened migration clampdown would lead to economic slump, Low wage growth amidst tight labour market, instructions for how to enable JavaScript in your web browser, New suite of construction products in the pipeline, Filling gaps in local area data for transport decision-making. 6 guests check into an Airbnb listing every second, There have been over 500 million Airbnb stays since the company started, There are over 7 million listings worldwide in over 220 countries and regions, There are AirBnB listings in over 100,000 cities. Many cities are cracking down on short-term or vacation rentals due to the effect Airbnb tends to have on the housing market. Domestic tourism in New Zealand is already showing early signs of bouncing back and contributing to economic recovery, new data today released by Airbnb shows. Guests spent approximately $25 billion at restaurants and cafes in 2018, 84% of hosts recommend local restaurants and cafes to guests, 42% of guests indicate they spend primarily in the neighborhood where they are staying. Solely putting focus on constructing new commercial accommodation is not necessarily the most efficient way to accommodate visitors. These guests can now choose from 6 million homes, yurts, treehouses, boats and more, scattered across six continents, as well as over 25,000 Experiences available in over 1,000 cities. You might like to subscribe to our newsletter and receive the latest news from Infometrics in your inbox. Will additional fees drive up the cost of the stay at that property? If you are looking at a property in another country are there rules about foreign nationals operating there? 95% acceptance rate for booking rates in the prior 12 months, Must be “Entire Home” listing or private bedroom with its own bathroom. Airbnb Statistics 2020 (Growth, Revenue, Hosts + More!) +64 4 909 7612. Any ideas? 12.2% of the issues were caused by a misleading listing. We have also estimated how many Airbnb guest nights there were over the past year. We have 30+ years experience delivering insights and data on NZ's industries and regions. Find statistics about accommodation capacity, occupancy rates, and numbers of guest nights for the commercial accommodation industry. The reason for Airbnb having a smaller relative number of guest nights is due to lower occupancy rates. This proportion was even higher in Queenstown-Lakes (19%) and Auckland (38%), while in the rest of New Zealand the proportion was only 9.2%. Hi do we need to declare the income we receive as hosts of AirBNB in New Zealand. Even in Auckland and Queenstown these proportions are just 5.2% and 4.2% respectively. Wellington, PO Box 25309 If something goes wrong with your room at a hotel, it’s not hard to get hold of somebody to fix it or move you to another room. The average Airbnb host isn’t necessarily looking to have visitors year-round. Reservations for stays and Airbnb Experiences made on or before 14 March 2020, with a check-in date within the next 45 days from today, are covered by the policy and may be cancelled before check-in. Airbnb: direct economic impact of Airbnb in North America, by country 2018 Number of sharing economy users in the U.S. 2016-2021 Number of Airbnb users in the U.S. 2016-2022 These properties earn up to 400% more than standard listings and due to Airbnb’s marketing and algorithms, are more likely to be seen by guests. Look at how regulations could affect your bottom line as far as occupancy- are there constraints on how long or when you are able to rent your property? And judging by the barrage of complaints I have seen in the media, commercial accommodation providers don’t like it one bit. Some Airbnbs have self-check-in, and others require you to meet up with the host who will then give you access to the property. There are many variables when comparing the hotel experience to an Airbnb booking but here are some general guidelines: While many users tout Airbnb listings as far cheaper than hotels, this may or may not be true depending on the location. In percentage terms, the number of Airbnb listings was equivalent to 14% of the size of the commercial accommodation sector at a national level. AirDNA tracks the performance data of 10M Airbnb & Vrbo vacation rentals in 120K global markets. 2 Gilmer Tce As a result, it is difficult to gauge how much more other P2P accommodation providers add to guest nights. Welcome to Airbnb Stats, a near real time site that tracks listings statistics on Airbnb. Turn on suggestions. Guests should always read reviews, message hosts if they have questions and protect themselves: Pay only through Airbnb’s secure payment platform to protect financial information, Do not share identifying personal information and utilize the platform to message others, Check public databases and sex offender registries for those you may interact with offline, Share travel plans with a family member and allow your mobile phone to be tracked, Report suspicious activity, hostile users, fraudulent information and other problematic behaviors to Airbnb immediately. There are now around 20,000 listings on Airbnb in New Zealand and hosts earned a total of $55m over the March 2017 year. Hotels are usually predictable and large chains go out of their way to make the branding, rooms, amenities and other parts of the stay consistent across all of their facilities around the country or world.  This could lead to your surroundings feeling homogenized and disconnected from the character of the city where you are staying.  For short stays when you just need somewhere to crash between meetings or flights, a hotel is best. In the 10 cities with the largest Airbnb market share in the US, the entry of Airbnb resulted in 1.3 percent fewer hotel nights booked and a 1.5 percent loss in hotel revenue. The Airbnb platform has resulted in an increase of guest arrivals to the least visited destinations in the world between 2016 and 2018: In 2016, Airbnb supported 730,000 annual jobs, 92% of Airbnb listings in Jersey City are located within .5 miles of public transit to New York City, increasing the likelihood that economic benefit of guests will not be realized locally, 75.7% of listings are multi-listings in Jersey City and more likely to be owned by a business than private owner, In 2019, New Jersey residents who rented out properties received over $175 million, 34.1% of listings are multi-listings in NYC and more likely to be owned by a business than private owner, In 2014, the New York Attorney General’s report determined that 72% of Airbnb units studied were in violation of the New York State Multiple Dwelling Law or New York City’s Administrative Code, 13,500 units of housing in NYC have been lost through Airbnb, Airbnb has contributed to raising median rent by as much as 1.4% or $380.00 and in some pricier neighborhoods by as much as $700.00, In 2017, 72% of the population in neighborhoods at the highest risk for gentrification were not white.