The Southland Times

It’s time to embrace Airbnb

- JO MCKENZIE-MCLEAN

The tourism sector needs to ‘‘get over itself’’ and embrace Airbnb as one way to help ease accommodat­ion bottleneck­s in New Zealand, a senior economist says.

Infometric­es senior economist Benje Patterson said like it or not, private accommodat­ion was here to stay and it was time stakeholde­rs in the tourism sector invite Peer-to-Peer accommodat­ion providers to have a seat ‘‘at the big kids’ table’’.

Patterson has completed a report analysing data including from Airbnb and Statistics New Zealand that shows listings account for 10 per cent of Queenstown-Lakes’ dwelling stock and generated $17.2 million income for the March 2017 year.

‘‘Peer-to-Peer accommodat­ion providers are treated to a predictabl­e chorus of complaint from the commercial accommodat­ion sector who argue an unregulate­d market place will deliver inferior experience­s.

‘‘But these complaints have little substance. P2P providers already self-regulate themselves, with a peer reviewing system.

‘‘Instead of fighting a movement that is already making a valuable contributi­on to the New Zealand economy, the tourism sector needs to get over itself and extend an olive branch to P2P accommodat­ion providers.’’

Airbnb’s explosive growth had been integral in helping ease accommodat­ion bottleneck­s in the New Zealand tourism sector during the past year.

There were about 20,000 listings on Airbnb in New Zealand and hosts earned a total of $55m over the March 2017 year.

Of the $55m spent on Airbnb accommodat­ion in New Zealand during the past year, $22m was spent in Auckland and $17m was spent in Queenstown.

‘‘The number of Airbnb listings in Queenstown-Lakes is incredible when one considers that there are only around 20,000 dwellings in the district ... Airbnb’s claim of 2000 listings translates to about 10 per cent of Queenstown-Lakes’ dwelling stock. By comparison, Auckland’s 7000 listings represent approximat­ely 1.3 per cent of the 540,000 dwellings in our biggest city.’’

There were just under one million Airbnb guest nights in New Zealand over the year to March 2017, he said. Of those, almost 200,000 were in the Queenstown-Lakes.

Despite the growth, commercial accommodat­ion need not feel threatened, he said.

Airbnb guest nights are equivalent to just 2.6 per cent of the commercial accommodat­ion total in New Zealand. Even in Auckland and Queenstown these proportion­s are just 5.2 per cent and 4.2 per cent respective­ly.

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