NEWsTALKZB.co.nz

Profits are heading offshore due to lack of luxury accommodation

Demand is outstripping supply when it comes to luxury accommodation. New Zealand agents say they're turning away half of high-net-worth travellers due to a shortage of properties. Co-founder of Stay Luxe Accommodation, Greg Owen told Mike Hosking that there's a real shortage in Auckland, so hotels are being used instead.

LISTEN NOW >>

Stuff.co.nz

Wanted: House for three months for US billionaire looking to spend $500k

New Zealand’s luxury residential rental sector is failing to keep pace with the surge in global demand, with agents warning that half of all high-net-worth travellers seeking premium stays are being turned away due to a chronic shortage of suitable properties. Greg Owen, co-founder of accommodation agency Stay Luxe, says...

READ MORE >>

informed investor

The Art of Luxury

Stay Luxe is creating an elegant niche in the luxury short-term accommodation space, as Joanna Mathers discovers.

READ MORE >>

The Post.co.nz

Are rich Americans hitting NZ’s high-end rental market?

There has been a sharp increase in demand for luxury rental accommodation from North Americans checking out New Zealand opportunities, a high-end real estate agent says.

READ MORE >>

b2bnews.co.nz

NZ luxury rental shortage turns visitors away

New Zealand is facing a shortage of luxury residential rentals, with high-end accommodation agencies forced to decline around half og all enquiries from wealthy overseas visitors.

READ MORE >>

itbrief.co.nz

Luxury rental shortage in New Zealand costs economy thousands weekly

A shortage of luxury residential rental listings in New Zealand is resulting in high-end rental agents turning away around half of all high-net-worth overseas visitors seeking premium accommodation.