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They grow like crazy at a loss and then take advantage of their market dominance to strong-arm the prices back up. To be honest I'm more shocked that hotels are
by Salgat 4y ago
They grow like crazy at a loss and then take advantage of their market dominance to strong-arm the prices back up. To be honest I'm more shocked that hotels are still having trouble beating AirBNB prices. When we went to Hawaii we wanted to go to a hotel but the prices for the same view were so much cheaper with AirBNB.
- LegitShady 4y agohotels aren't really competing with Airbnb. it might appear that way, but they aren't interested in the same customers, and those customers will get scammed by an airbnb and go back to hotels anyways. airbnb is for people who haven't learned the lesson about airbnb yet. Hotels aren't interested in competing on price with airbnb because they dont have to.
- rchaud 4y agoThat may be because Hawaii is small as tourist locations go, so hotels may be booked solid already. In many larger tourist destinations, I've found hotels to be cheaper. Not by much, but I will always take hotels over Airbnb.
- wongarsu 4y agoIt probably depends on location, but over Western Europe I'd generally say that if you just want a bed hotels are in the same price range as AirBnB while being much more predictable and reliable, and are available on short notice (booking the room at 11pm in the same night you want to sleep there isn't an issue, neither is checking in at 3am). AirBnB shines when you want more than a bed and a table, or when you want something more unique in local style.
- OkayPhysicist 4y agoMost everywhere I travel I've found hotels to be cheaper. If I was willing to go with somewhat seedy motels, much cheaper. This may have to do with me mostly traveling to larger cities, though.
- Salgat 4y agoMind you I need 2 rooms for my family. 2 hotel rooms vs 1 airbnb. I've never seen the hotel option being cheaper for comparable quality.
- ryanisnan 4y agoMarginally less than hotels. We were looking to book a condo in Hawaii for a month this year and the cost was 12-15k for a 1 bedroom with a pullout couch. This ends up being marginally cheaper than a hotel, but generally with a much worse property.