Airbnb rooms cost more a room at a five-star hotel on New Year’s Eve

Staying in a room in a five-star hotel is half the price of some Airbnb rooms, as hosts jack up their NYE room rates
It costs $800 to stay in the Four Seasons’ cheapest rooms.The cheapest Airbnb rooms are going for $1,111
The most expensive room listing in a share house is $2,188 per night on New Year’s Eve

Nicole Low For Daily Mail Australia

Published:
14:56 GMT, 27 November 2015

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Updated:
15:33 GMT, 27 November 2015

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Airbnb is a popular option for many travellers because the accommodation offered is often a cheaper alternative to hotels.

But with New Year’s Eve just round the corner, it is now costing up to double the price to stay in an Airbnb room in a share house than a five-star hotel in central Sydney.

One host David listed a spare bedroom in his Maroubra Junction apartment, 12km from Sydney’s Harbour Bridge, describing it as ‘stunning’.

Maroubra: It costs $1,111 to rent this room in a share house in Maroubra Junction on New Year’s Eve

Maroubra room: Included in the cost is a queen sized bed, cupboard, study table and free unlimited internet access

He is charging $1,111 for the room on New Year’s Eve – about 1,000 per cent more than his usual rate of $112 per night.

In comparison, a night in the cheapest rooms at the Four seasons and Sydney Harbour Marriott Hotel on December 31 costs $800.

In Woolloomooloo, 2km from the Harbour Bridge, Pauline is asking for $1,640 on New Year’s Eve – more than 10 times her usual asking price of $139.

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She told The Sydney Morning Herald she raised the price last week and had not yet received any interest in the room.

‘We just thought – if we get it, we get it; if we don’t, we don’t,’ she said.

Another host Tanja listed a room in her Balmain house, 7km from the Harbour Bridge, for $1,031. She describes the room as ‘fully furnished with one fold-out single bed’.

It is not immediately clear from the calender what the usual going rate is.

Balmain: A fully furnished room with a single fold-out bed is available for one night for $1,031

Woolloomooloo: This bedroom in a share house in Woolloomooloo costs $2,188 to rent for one night on December 31

Share house: The prices listed are for rooms in share houses, with guests allowed to use communal living areas such as kitchens

In Pyrmont – which is within walking distance to Darling Harbour and a view of the fireworks – Phillipa is asking for $1,186 to share her home.

On other dates in January, it costs $237 to rent a room in Phillipa’s flat.

The most expensive New Year’s Eve share house room is a listing in Woolloomooloo.

Renting Jack’s double room will set you back $2,188 – almost double the cheapest room at the Hyatt.

A room without a view at the Hyatt costs $1,300 on New Year’s Eve.

Pyrmont: For $1,186 a night, you can rent an Airbnb room in Pyrmont, just minutes away from Darling Harbour

The property in Pyrmont accommodates eight. The price listed in Airbnb is for one room

The garden of the Balmain property where it will set you back $1,031 per night if you want to rent a room over the New Year

Bondi Beach: Described as a modern beach pad, the guest who pays $1,111 per night to share a flat with two other people will have access to the apartment’s living room