Airbnb and Revenue Management: Hotels Still Maintain Upper Hand

University of Houston | February 26, 2018

by Jeanine Panzica We all know Airbnb is great for travelers, and within that statement are countless illustrations and some one-ups over hotels. Who doesn't love personal amenities left by actual home/apartment owners, even if it is a cat? Ultimately, Airbnb can insert a traveler into their destination in ways a hotel cannot and all for a relatively agreeable price. But when asked if the hotel industry is under threat of Airbnb, the answer is no. A plus for travelers, the bulk of the cost of an Airbnb stay is set by the host, they oversee nightly price, cleaning fees, and have discrepancy over extra guest and other fees. This limits th...