Ten years ago, no one would have imagined that it would be possible to book accommodation online and get to a room in a host’s house and living like a real local. Today, not only is that possible, but it has also become a business opportunity by increasing the profitability of a property.
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More and more travelers prefer to stay in vacation rental, since it is cheaper and private. Although the hotel market tends not to disappear compared to its competitor.
So, is the disappearance of hotels imminent? … Not exactly, although it is true that they have been forced to share a market with other online platforms, they continue to maintain a strong market. Even Airbnb has sought to diversify its business and include hotel rooms directly in its offer.