Podcasts Other The Mike Hosking Breakfast Stefan Nikolic: Managing Director of Zodiak on the revelation that Airbnbs are more expensive than hotels in Auckland

Stefan Nikolic: Managing Director of Zodiak on the revelation that Airbnbs are more expensive than hotels in Auckland

Published: Feb. 13, 2024, 9:08 p.m.

Travellers take note: Airbnb\u2019s may no longer the budget option.\xa0

Auckland has been revealed to be one of 25 cities across the globe where the average hotel room is now cheaper than a private rental by 19%.\xa0

Auckland ranks twelfth on the list, with London, Amsterdam, and Singapore taking the top three spots.\xa0

Stefan Nikolic, Managing Director of Zodiak, told Mike Hosking that the cost of Airbnbs haven't gone up too significantly over the past year.\xa0

He said that the properties they manage within some Auckland hotels are, on average, $50 cheaper per night.\xa0

Nikolic said that these figures may be the result of the cities being major cities and major tourist destinations.\xa0

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