Kiwi singer Hollie Smith took to Twitter this evening criticising the move.
"You know there are hundreds of NZ artists who are absolutely desperate to perform right?? This makes me wild."
"People will go. We need established festivals - artists and industry need to work."
Two electronic events would take place in both Tauranga and Nelson in January in place of Bay Dreams.
Bay Dreams in 2021. Photo / NZME
Quarantine spaces had been secured for international acts Netsky, Hybrid Minds, Friction and Koven. It was working on securing more MIQ spots for international artists.
Details would be released in a second announcement once confirmed.
Tickets for this event would go on sale next Wednesday, it said.
Bay Dreams was encouraging individuals to get vaccinated to enjoy live music this summer.
Bay Dreams Mount Maunganui attracted an estimated 29,347 attendees in 2019, most from out of the region. Visitors spent an estimated $8.8 million in Tauranga.