In some cases, Airbnb rentals are still a good deal compared to hotels. Other times, they’re far from it. Here's some data that shows when it's more cost...
Remember the days when one of the best money-saving travel tips was booking an Airbnb ABNB versus a hotel? Not only were nightly rates almost always far cheaper, but the Airbnbs and hosts themselves often shaped up to be the most memorable aspects of a trip.
These days, staying at an Airbnb rarely involves big savings or friendships with the hosts. For better or for worse, features like self-check-in make it so hosts and guests never even meet. Meanwhile, many listings are not managed by owners, but by corporate property management behemoths — without the convenience of on-site, full-time staff.
Length of the trip For short stays, Airbnbs are rarely a good deal for two reasons: discounts and cleaning fees. Another reason is cleaning fees. While not all listings have them, the median cleaning fee is $75, according to NerdWallet’s analysis. Since it’s a one-time fee, the cost is reduced by longer stays. A $75 cleaning fee stings more on a one-night stay versus a three-week stay, where it would amount to only about $3.50 per day. Since hotels typically don’t have cleaning fees, travelers staying a night or two might be better off with a hotel if Airbnb cleaning fees are steep.
Transportation: Does the hotel charge for parking? Is there a free airport shuttle? Is the hotel downtown and walkable, whereas your Airbnb might necessitate a rental car? Other amenities: Does your Airbnb include laundry? Are daily activities included with your hotel, making it so you can skip paying for other entertainment if you’ll spend all day at the pool?
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