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Newcastle Herald

Business

Sage Swinton

Supercars Airbnb rates down slightly on previous years, but last minute bookings expected

Supercars Airbnb AirDNA Newcastle

Airbnb average prices for the upcoming Supercars weekend are cheaper than previous years, but are expected to rise with last minute bookings for the March 10-12 event.

The average nightly rate in Newcastle for the Saturday of the Newcastle 500 was $415 as of last week, according to short-term rental analytics provider AirDNA. The vacancy rate was 72 per cent from 426 listings.

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