I’ve routinely found that Airbnbs are about 1/2 the price of hotels, with more amenities and classier design to boot, no matter where I visit (assuming Airbnbs are legal there).
In Australia my anecdotal experience is that hotels are ALWAYS more expensive than Airbnbs, usually at minimum $150 a night and going straight up from there. Also the benefit of having a whole house with all the facilities using Airbnb is usually far better than any hotel, though I do enjoy staying in nice hotels now and then.
Actually in my mind, Airbnb is always more expensive than a hotel. Each trip I end up checking both options and I'm amazed at how expensive Airbnb ends up being after you add all the hidden fees.
I think the main use case is for big groups and gathering. When you want to stay with 10 people. And even then, it's still more expensive than 6/7 hotel rooms (if you come as a couple you would only use a single room).
I think Airbnb manage to convince a lot of people that they are always a better deal than hotels. I see a lot of my friends never checking regular hotels anymore.
I think this one is pretty key. For the first couple years when AirBnB started, they were almost always cheaper than hotels, even for whole places. Of course, a lot of that was their fees were lower and they weren't paying taxes. I can almost find better deals at hotels now.
I consistently stay in hotels for a good portion of the year and I rarely find AirBnbs cheaper nowadays. Really the only time I stay in one is when I want to rent a big house with a large group of friends or am in a remote area that doesn't really have hotels.
Here, all my friends and my girlfriend are using airbnb for the reason that it is significantly cheaper than a hotel. If a hotel is only 10-15% more expensive, I also usually take the hotel.
Regarding the loss - airbnb is already mature and still generating so much loss? What a bad way to run a business. Would not invest.
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