LogFAQs > #897493225

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Topic	going overseas this spring, tips for airbnb?
foolm0r0n 03/09/18 5:32:12 PM #27:	SmartMuffin posted... If an AirBNB can provide an equal quality experience, they'd charge just as much as the hotel. If they're charging less, it's because people desire what they have to offer less. They often charge a far superior experience (to me) than a hotel. The main reason they charge less is because it's pure opportunity profit. They are paying for the room anyways, whatever they can rent it for it is just free money. All they have to do is convince people to rent theirs instead of some other airbnb, typically with lower prices. That's ignoring the pseudo-hotel businesses that actively buy places and rent them on airbnb though... --- _foolmo_ 2 + 2 = 4 <cite>foolm0r0n posted [p:897493225] in going over... [t:76397428]...</cite> <quote><cite>SmartMuffin posted...</cite> <quote>If an AirBNB can provide an equal quality experience, they'd charge just as much as the hotel. If they're charging less, it's because people desire what they have to offer less.</quote> They often charge a far superior experience (to me) than a hotel. The main reason they charge less is because it's pure opportunity profit. They are paying for the room anyways, whatever they can rent it for it is just free money. All they have to do is convince people to rent theirs instead of some other airbnb, typically with lower prices. That's ignoring the pseudo-hotel businesses that actively buy places and rent them on airbnb though... --- _foolmo_ 2 + 2 = 4</quote> ... Copied to Clipboard!
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