Peerspace has arrived in Australia marking it as the company’s next global market expansion milestone.
Peerspace, currently live in over 35 metropolitans across the United States, first began its international expansion in Canada and the United Kingdom in 2021 before launching in Australia and France this year. Since Peerspace’s launch in Australia, it has gathered over 500 spaces between Australia’s two most populated cities – Sydney and Melbourne – with photo shoots leading the way in terms of bookings to date.
Founded in San Francisco in 2014 with the notion there’s a creative space for everyone, Peerspace quickly evolved into a platform that empowers its ‘Hosts’ to earn additional income simply by opening their doors. With over a quarter of Australians part of the gig economy, Peerspace allows hosts – anyone from a homeowner, small business owner, or someone with unused or underused commercial space– to determine the hourly rate for their space and set a minimum number of hours per booking. Guests can use Peerspace to find the right space for a range of activities, from a photo shoot or video shoot, to meetings, offsites, birthday parties, or DIY weddings.
Hourly venue rentals on offer like the ‘CV Studios’ or ‘Modern Glass Terrace’ are piquing Australians interest: searches for production spaces on Peerspace have grown 350 per cent from May to July 2022. Per the 27.4 per cent increase in Australia’s cultural and creative activity resulting in a six per cent share of gross domestic product (GDP), the peer-to-peer marketplace opens the door to creative professionals, corporate workers, content creators, and innovatively inclined Australians looking for interesting spaces for offsites.
“Peerspace is built on creativity and celebration, and we’re excited that the concept is resonating so greatly with Australians,” says Eric Shoup, CEO of Peerspace. “Guests are booking everything from photoshoots, music videos, meetings, and product launches. Hosts are excited about the opportunity to list their unique spaces, and have actually made Sydney and Melbourne two of our fastest growing markets ever. Between strong interest to date and Australia’s growing production and film industry, we’re excited about what’s ahead.”
With the explosion of the creator economy, the seismic shift to hybrid work, and people around the world feeling the need to reconnect, Peerspace also caters to the corporate and event planning arenas.
