That assumes that the hotel room and the AirBnB room were comparable in terms of amenities and services, which they probably weren't. (Room service? Daily cleaning? Gym? Doormen/porters?) You can get a pretty nice hotel in NY for $350 a night -- the W hotel downtown has rooms for $359 this weekend.
I'm not saying there aren't great deals out there on AirBnB; right now it's a market of people basically selling unused inventory at very low prices. I'm saying that if they had to incur more normal requirements (safety, taxes, insurance), the pricing would rise and the inventory would decline. If that same AirBnB room cost $250, it might not as interesting to you.
I'm not saying there aren't great deals out there on AirBnB; right now it's a market of people basically selling unused inventory at very low prices. I'm saying that if they had to incur more normal requirements (safety, taxes, insurance), the pricing would rise and the inventory would decline. If that same AirBnB room cost $250, it might not as interesting to you.