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Hotel rooms vacant as home owners cash in on Commonwealth Games tourists

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There are nearly as many Airbnb listings on the Gold Coast than there are in Brisbane, with private hosts set to provide stiff competition to the city's hotels during the Commonwealth Games.

Early reports the Gold Coast could be booked out during the event appear to be wrong, with plenty of rooms available at all price points less than a month out from the event.

Airbnb statistics show there have been 1,800 new listings on the Gold Coast since January 2017.

There are now 4,800 listings on the coast while there are 5,400 listings in Brisbane.

Agnieszka Biel rents out the studio beneath her home at Currumbin, and usually lists it for about $70 per night.

But she plans on raising the price to between $100 and $130 per night during the Games.

"It's being doing actually pretty well, and we enjoy it, and we had the space to do it so I thought why not?" she said.

"I think some of the prices out there may be a little bit too high, but that's just my opinion," she said.

Mrs Biel has put plenty of thought into the pricing of her studio, because she doesn't want to miss out in the one-off opportunity the Games will provide.

"There is no point in me having an empty room during the Commonwealth Games when someone can come and stay here," she said.

Airbnb figures show the average daily rate on the Gold Coast is expected to jump from $110 to $165 per night during the Games.

A Griffith University study into the financial impact of the Commonwealth Games found the event expects to attract 672,000 visitors.

Day trippers will account for 356,000 of those, while it is predicted there will be 265,000 domestic overnight visitors and 50,000 overseas visitors.

Gold Coast skyline

Warning against price gouging

Commonwealth Games organising committee chairman Peter Beattie urged hotels and private operators to not price gouge.

"If you do gouge people, all you are going to do is damage the Gold Coast's reputation," he said.

"If they have a great experience, they're charged fair prices. They'll come back."

Amanda Behre, the marketing director of online booking agency Wotif.com, said demand for Gold Coast accommodation was up 60 per cent on the same period last year.

"There are some areas that are 90 per cent sold out, but there is still accommodation available," she said.

She said it was natural for business operators to capitalise during busy periods.

"Normally over peak periods hotels do increase their prices over peak times, but we are actually seeing rates between $200 and $300 dollars a night on the Gold Coast," she said.

She said the Commonwealth Games has also boosted bookings in the other host cities of Brisbane, Townville and Cairns.

"The great thing also is that Queensland has experienced an increase in demand too with 30 per cent all over Queensland," Ms Behre said.

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