Bank of America dived into hundreds of thousands of US Airbnb listings, found avg rate is 60% higher than hotels.pic.twitter.com/cmuSTqfbPk
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@kimmaicutler I dunno; if done improperly, it might way overweight larger AirBnB properties.
@kimmaicutler Anecdotally the difference in mix is a significant driver in cost differences — room in shared house != hotel room equivalent.
@kimmaicutler @allafarce I don't think it disproves. How many hotel rooms have multiple bedrooms and a kitchen?
@jpm25 @allafarce I'm aware it's an apples-oranges comparison. I was just surprised the overall avg price was higher.
@kimmaicutler @allafarce @kimmaicutler @allafarce "Belong Anywhere" - their modern day value prop isn't about price anymore.
@kimmaicutler @allafarce arguably about host relationship/proxy. Human provided experience rather than corporate commodity.
@kimmaicutler @allafarce for me as a consumer that was never the argument actually. I just wanted something better than a hotel
@kimmaicutler @allafarce without showing how the rates were calculated, and whether they looked at occupancy, it actually doesn't show that.
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