That's true, it enabled people to explore that sector on their own, that typically meant a big investment (hotels/real state is expensive AF) Now it's basicall

That's true, it enabled people to explore that sector on their own, that typically meant a big investment (hotels/real state is expensive AF) Now it's basically: have a property and enjoy doing the backoffice of short term rentals (cleaning/basic accounting/being a host), and then you are essentially competing for customers that would typically go to a hotel/hostel. But if you think about it rationally, Hotels, even very cheap ones should be able to offer more services for less, given that a hotel cleaner can go room after room doing the work. The same is for other utilities like swimming pool etc, as it's shared, it's cheaper. There used to be a time when hotels were more expensive even though you could get an apartment for yourself with a pool and all those services, as well cleaning fees were lower. Nowadays after the arbitrage happened, things are more evened out. Anyways, I understand that for people with money or certain conditions, Airbnb is more interesting, but I can't see that model having a scale bigger than the old way, it's just a niche, and I think Airbnb at the moment fail to make that niche as profitable as the main thing.