{"id":274775,"date":"2015-02-13T00:00:00","date_gmt":"2015-02-13T08:00:00","guid":{"rendered":"https:\/\/sdnews.com\/pacific-beach-mission-beach-are-hotbeds-for-airbnb-what-does-that-mean-for-hoteliers\/"},"modified":"2015-02-13T00:00:00","modified_gmt":"2015-02-13T08:00:00","slug":"pacific-beach-mission-beach-are-hotbeds-for-airbnb-what-does-that-mean-for-hoteliers","status":"publish","type":"post","link":"https:\/\/test.sdnews.com\/es\/pacific-beach-mission-beach-are-hotbeds-for-airbnb-what-does-that-mean-for-hoteliers\/","title":{"rendered":"Pacific Beach, Mission Beach are hotbeds for Airbnb; what does that mean for hoteliers?"},"content":{"rendered":"<p>Tourists have tens of thousands of options to consider when they visit San Diego \u2013 and many of the newest ones aren\u2019t in traditional hotels or in parts of the city with lots of spare hotel rooms.<br \/>\nThe city\u2019s now home to more than 3,100 short-term rentals registered on Airbnb, and more than 1,100 are in the San Diego neighborhoods of Pacific Beach (395), Mission Beach (330), La Jolla (256), Ocean Beach (140), and Point Loma (61), according to San Francisco-based Beyond Pricing, which optimizes pricing for short-term rentals and Airbnb hosts.<br \/>\nTwo factors bind each of the city\u2019s Airbnb hotspots. They\u2019re known for high hotel occupancies or relatively few hotels, or both.<br \/>\nThe map raises an obvious question: What do all these Airbnb digs mean for San Diego hoteliers?<br \/>\nNo one seems to know yet.<br \/>\n&#8220;Everybody realizes there is an impact but has anybody identified it and quantified it? I don\u2019t think so,&#8221; said Namara Mercer, executive director of the San Diego County Hotel-Motel Association.<br \/>\nThere certainly hasn\u2019t been a dramatic drop in hotel occupancy rates. In fact, San Diego posted record numbers last year.<br \/>\nThat may be partly due to where Airbnb\u2019s been most successful. There aren\u2019t lots of spare hotel rooms in San Diego\u2019s Airbnb meccas, particularly those close to tourists\u2019 favorite beaches, said Bruce Baltin, a Los Angeles-based senior vice president of hospitality consulting firm PKF Consulting.<br \/>\nThe overall number of Airbnb options, though, still pales in comparison to the tens of thousands of hotel rooms in the city. There are about 17,000 hotel rooms in downtown San Diego alone, Baltin said.<br \/>\nYet there\u2019s evidence that Airbnb could hit hoteliers hard if the company\u2019s presence continues to grow here.<br \/>\nA 2014 Boston University study was one of the first to address how that might play out. The study analyzed more than 22,000 Airbnb stays in Texas and compared them with quarterly hotel revenue. Their conclusion was that a 1 percent spike in Airbnb listings translates into a 0.05 percent decrease in hotel revenues.<br \/>\nLower-end hotels and those that don\u2019t cater to business travelers were hit hardest, the researchers found.<br \/>\nOne of the study\u2019s authors drove home what that could mean for the industry in a February 2014 interview with industry site Hotel News Now.<br \/>\nA 0.05 percent revenue hit may sound inconsequential but Airbnb\u2019s massive growth changes the game, researcher Davide Proserpio said. &#8220;Sure, if Airbnb was growing slowly 0.05 percent would be negligible, but this isn\u2019t the case.&#8221;<br \/>\nIndeed, a recent Barclays report predicted Airbnb bookings could triple in the next year.<br \/>\nThe Barclays study does note a hail of regulatory crackdowns \u2013 such as the letters and warnings going out in San Diego \u2013 could at least somewhat stifle the company\u2019s trajectory. Lisa Halverstadt is a reporter at Voice of San Diego. Know of something she should check out? You can contact her directly at lisa@vosd.org or 619-325-0528.<\/p>","protected":false},"excerpt":{"rendered":"<p>Tourists have tens of thousands of options to consider when they visit San Diego \u2013 and many of the newest ones aren\u2019t in traditional hotels or in parts of the city with lots of spare hotel rooms. The city\u2019s now home to more than 3,100 short-term rentals registered on Airbnb, and more than 1,100 are [&hellip;]<\/p>","protected":false},"author":726,"featured_media":274776,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"Pacific Beach, Mission Beach are hotbeds for Airbnb; what does that mean for hoteliers?","_seopress_titles_desc":"","_seopress_robots_index":"","jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[11551,11600],"tags":[],"class_list":["post-274775","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-sdnews"],"_links":{"self":[{"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/posts\/274775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/users\/726"}],"replies":[{"embeddable":true,"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/comments?post=274775"}],"version-history":[{"count":0,"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/posts\/274775\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/media\/274776"}],"wp:attachment":[{"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/media?parent=274775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/categories?post=274775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/tags?post=274775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}