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There's also a significant group of people who thinks AirBnb works very well at the 2x-4x hotel price for a much nicer space. Hotels simply don't have enough of
by notyourday 7y ago
There's also a significant group of people who thinks AirBnb works very well at the 2x-4x hotel price for a much nicer space. Hotels simply don't have enough of those rooms or if those rooms do exist they are considered to be <some ridiculously named set of> suites that are billed at ridiculous daily rate.
Edit - Examples pulled from the notes from 2019:
Paris - AirBNB $650 a night, 3rd story walk-up ~1900 sq feet apartment with a balcony. Hotel price for something similar? $12,442.00/night. Hotel for a basic room ( ~300sq feet) ? $220/night.
Barcelona - 2nd floor apartment in El Born. ~1500 sq feet. $590/night. 1500 sq feet room in a hotel? There were two in the entire city. Price? ~8k/night. Basic room in a hotel? $180/night. King room in a hotel ( ~370 sq feet! Amazing! ) $440.
I can go on and on.
At below hotel prices AirBnb competes with cockroach infested motels.
- virtualritz 7y agoIn Europe this is totally not true. I use Airbnb almost twice month when I travel to some tango event anywhere in Europe. I always choose Airbnb because it is cheaper than an ok hotel but almost always better, never worse. Outliers: gut feeling says less than 5% over 6 years.
- jdpigeon 7y agoThis is how I see Airbnb in 2020. Big cities have cracked down on people renting out their places and all the idealist hosts have left. Hotels are getting cheaper to compete. The one thing that Airbnb still seems to be great at is ultra-trendy "experience" homes like solar-powered biodomes in the desert or cross-laminated timber cabins in the mountains.