Airbnb vs. Hotels: A Price Comparison
And this is why the hospitality industry is organizing against them.I love the AirBnB idea and the implementation. There is a dark side however. Hotel organizations have historically been unable to change quickly, and operate on pretty thin margins. So the existence of a significant quantity of AirBnB rentals in a market does the equivalent of the Federal Reserve 'stress test' on weak banks, except it isn't simulated.I am really on the fence about what that means. On the one hand it means a number of hotel properties will come on the market at distressed properties, on the other it means there will be a huge gap between really cheap motels and really high end hotels.One thought was to buy up a mid-range hotel property and convert it into "Tech Suites" where for each pair of rooms connected by a door, one side stayed a hotel room and the other side became a small office. My local Sunnyvale city supervisor isn't completely against the idea but they are dubious about a mixed living/commercial zone at the scale of a motel/small hotel.