The pricing depends on demand and supply, Airbnb doesn't set the prices, it can recommend prices, however the final decision is with the hosts. So in a place w

The pricing depends on demand and supply, Airbnb doesn't set the prices, it can recommend prices, however the final decision is with the hosts. So in a place with a lot of demand and little supply, the prices tend to be high and vice versa. Airbnb pricing is really a small projection of your local housing and rental market. I've managed to find cheaper places to stay on Airbnb than hotels and vice versa. Source: https://www.airbnb.ca/help/article/125/how-is-the-price-determined-for-my-reservation https://www.airbnb.ca/help/article/125/how-is-the-price-dete... Note that Airbnb does take a service fee, but in reality so does your hotel.