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The real issue is: why do hotels cost so much? It's just a normal room, so renting an hotel room for 30 days should cost as much as the rent of an N room apart
by devit 11y ago
The real issue is: why do hotels cost so much?
It's just a normal room, so renting an hotel room for 30 days should cost as much as the rent of an N room apartment shared with N people, but somehow costs can be 3-10 times more.
For instance, typical prices can be 300$ for renting a cheap shared apartment room for a month while the cheapest hotel rooms costs 50$, while they should instead cost 300/30 = 10$.
That's why people use AirBnB and share apartments with roommates for more long term stays, otherwise everyone would just live in hotel rooms, which would be far more efficient and reasonable.
I suspect the problem might be government regulation.
- crdoconnor 11y ago>The real issue is: why do hotels cost so much? Do you see AirBnb lobbying to eliminate hotel taxes?
- justincormack 11y agoHotel taxes are not the reason rates are so high. One reason is low average occupancy, another is a lot of people dont pay the list price, and get discounted rates, while others pay more, for additional services, so there is a fair amount of price discrimination going on.
- ceejayoz 11y agoThere's also stuff like having to carry insurance.
- GFK_of_xmaspast 11y agoHotels also have things like "furnishings" and "maid service" and other labor and capital expenditures that don't apply to apartments.