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by ninedays
2514 days ago
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"I'm honestly shocked that business travelers want to stay in AirBnBs." "it almost always makes more sense" "most of the time" "if the hotels are outrageously expensive for whatever reason." I don't understand how you can be so shocked when you, yourself, already listed the reasons why people wouldn't want to stay at a hotel. Because for all the time where it doesn't "almost always makes more sense". I remember one time where I traveled to a big city for a couple of days and had the unfortunate experience to find out there was a big conference during the week and the prices of hotels have increased dramatically (making it non affordable for almost all human being) Airbnb can be a superior offer in that case. You will not witness the same degree of price discrepancy between the price of airbnb room and a hotel room (a hotel room price can change to 4x its normal price in case of special event in a city). |
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Airbnb also encourage hosts to enable what they call Smart Pricing. The host define a min and max price and the algorithm autonomously determines a price based on supply/demand for similar listings and other parameters. The bracket can be very wide, on my listing they suggest min/max to be 35€ and 150€, while we actually rent the high season at 60€.
I guess in case of a specific event and all Airbnbs in the neighborhood are booked, you could also have a 4x multiplier sometimes.