Queenstown
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Annual revenue (actual)
NZ$110.5k
12 mo avg
↑8%
from prior 12 mo
Occupancy rate
55%
12 mo avg
↓2%
from prior 12 mo
Avg daily rate
NZ$531
12 mo avg
↑12%
from prior 12 mo
Lead time
55 days
12 mo avg
↑3 days
from prior 12 mo
Revpar
NZ$236
12 mo avg
↑10%
from prior 12 mo
Methodology note: Figures reflect Queenstown market data as of October 2026. Data covers Airbnb, VRBO, and Booking.com listings. Values are seasonally influenced; rounding applied for readability.
Revenue per listing by bedroom
Annual revenue per listing, broken down by bedroom count. Compare which property sizes perform best.
Bedroom count:
0
1
2
3
4+
Short-term rental supply growth
Tracks how the number of active listings changes over time. Rising supply with flat revenue may indicate saturation.
Performance metrics by bedroom
Breakdown of revenue, property values, yields, supply, and cleaning fees for each bedroom type.
Bedrooms
Annual Rev
Supply
Revenue boost by amenity
Shows how specific amenities impact revenue. Beware false correlation i.e. more expensive properties tend to have pools or views.
| Amenity | Listings With | Revenue Boost | Revenue With | Revenue Without |
|---|---|---|---|---|
| Sauna | — | +$66,921 | — | — |
| Hot Tub | 🔒 6•• (••%) | 🔒 +$6•••• (+••%) | 🔒 $1••••• | 🔒 $1••••• |
| TV | 🔒 4••• (••%) | 🔒 +$3•••• (+••%) | 🔒 $1••••• | 🔒 $8•••• |
| Barbecue | 🔒 1••• (••%) | 🔒 +$3•••• (+••%) | 🔒 $1••••• | 🔒 $1••••• |
| Pool | 🔒 1•• (•%) | 🔒 +$2•••• (+••%) | 🔒 $1••••• | 🔒 $1••••• |
| Gym | 🔒 1•• (•%) | 🔒 +$2•••• (+••%) | 🔒 $1••••• | 🔒 $1••••• |
| Internet | 🔒 3••• (••%) | 🔒 +$2•••• (+••%) | 🔒 $1••••• | 🔒 $1••••• |
| Lake Access | 🔒 7•• (••%) | 🔒 +$2•••• (+••%) | 🔒 $1••••• | 🔒 $1••••• |
| Parking | 🔒 3••• (••%) | 🔒 +$1••• (+•%) | 🔒 $1••••• | 🔒 $1••••• |
Nightly rate by day of week
Average nightly rate for each day of the week. Most markets see higher rates on weekends.
Occupancy rate by day of week
Shows booking patterns throughout the week. Helps understand demand cycles.
Listings by channel
Listings by rental type
Listings by amenities
Listings by size
4+ bedrooms (0%)
Listings by availability
Length of stay by bedroom
3 bedrooms (4.2 nights)
4+ bedrooms (4.1 nights)
2 bedrooms (3.8 nights)
1 bedroom (3.4 nights)
Studio (3.3 nights)
Cleaning fee by bedroom
4+ bedrooms (NZ$204)
3 bedrooms (NZ$138)
2 bedrooms (NZ$95)
1 bedroom (NZ$49)
Studio (NZ$39)
Professional host share
Professionally managed (63%)
Independent hosts (37%)
Over the 12 months ending September 2026, the Queenstown market averaged 4,195 active Airbnb and VRBO listings, up 9% from a year earlier and up 19% over two years.
An average Queenstown listing earns NZ$111K/year. High-performing listings earn NZ$226K, while low-performing listings earn NZ$45K.
Average occupancy in Queenstown is 52%, producing RevPAR of NZ$230 per available night.
4+ bedroom listings generate the highest average annual revenue in Queenstown, at NZ$168K.
Rules vary across Queenstown. Queenstown: Moderate. Resource consent required for non-hosted STRs in residential zones, 28-day minimum stays in some areas. Enforcement increasing with complaints-based system and monitoring. Wanaka: Moderate. Similar to Queenstown - resource consent needed, 28-day minimums in residential zones. Growing enforcement through complaints and audits. Arrowtown: Moderate. Part of Queenstown-Lakes District, same rules apply. Resource consent required, residential zone restrictions. Enforcement active but complaint-driven. Verify requirements for the property's jurisdiction.
The Queenstown Airbnb and VRBO market appears broadly balanced. Supply has grown 9% year-over-year, while RevPAR has increased 26%, showing no clear supply-demand imbalance.
RevPAR is highest in February and July; it is lowest in May and October.
The most common amenities are Kitchen (97%), TV (96%), Heating (95%). The strongest positive revenue associations are Washing Machine (+105%), Hot Tub (+55%), TV (+44%).
Average daily rate in Queenstown is NZ$590, up 14% year-over-year. Rates peak in December and are lowest in May.
Guests in Queenstown book an average of 55 days in advance, up 6% from last year. Booking windows range from 47 days for 1-bedroom listings to 66 days for 4+ bedroom listings.
Booking demand is highest on Saturday and lowest on Monday. Nightly rates peak on Saturday and are lowest on Tuesday. Weekend occupancy is 8% higher than weekday occupancy.
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