3 ms·

Conjecture. AirBnB's are generally below market rate for hotels which brings more people in than you'd have otherwise gotten.

• gamblor956 6y ago
  This has not been true in any major market for years, once you factor in all the fees that AirBnB doesn't disclose until you book a listing. Once fees are included, AirBnB is usually more expensive in markets like SF, LA, or NY for individual/couple listings than a comparably furnished hotel room (inclusive of fees).
  • stbtrax 6y ago
    Have you seen SF hotel rates during convention season? The most basic rooms go for $3-400. Have you tried to book a Paris hotel in summer? In my experience your statement is not true
    • gamblor956 6y ago
      Have you tried to book an AirBnb during a marathon? The most basic room goes for $200/night, before you add in the "cleaning" fees or the "service fees" or the other "fees" that hotels are required by law in their original quotes.
  • skrtskrt 6y ago
    This is not true at all, I regularly rent Airbnbs in major American cities for less than a quarter of what a basic hotel room would cost in the same location. The AirBnbs are a lot larger and nicer too. It gets even better when you split the cost with people. I can get a full, nice house in a great location in LA for a little over $200 a night all in and split it with 5 friends. I would have to get a hotel penthouse for the experience to be even close. And yes, the fact that it's so cheap does significantly increase the appetite for weekend trips for people my age. The housing part of the trip goes from a major expense to almost an afterthought.