In recent years, hospitality industry has witnessed dramatic change. All thanks to technology evolution and advent of ecommerce. The change in business model will continue as long as technology remains in constant state of flux. Peer-to-peer (P2P) accommodation model such as Airbnb has become so popular that it has caused significant disruptions to conventional hotel businesses leading to loss of revenue. Hotels now have to deal with competition that comes from other industry players, which was non-existent some decades back.
Different accommodation models have brought significant relief to hotel guests. Some hotels have adjusted their prices due to stiff competition, while clients now have different range of accommodation they can choose from.
In this article, we will examine when it is suitable to stay in hotels or P2P accommodations. Choosing between P2P such as Airbnb or hotels will depend on your travel needs and the value you seek to get.
Length of Stay
If you will be staying for a long period, it is advisable to stay in Peer-to-peer (P2P) accommodations in order to enjoy discounts for your stay. Some hotels have discounts for extended stay. However, you will save more money through P2P.
Customer experience
If you are seeking to get high profile customer experience, I will recommend hotels. Meanwhile, Airbnb has been consistent in providing guests with quality services, but all these remain an effort to close the identified gap. Guest assistance comes on hand in hotels. You must understand that quality comes with exchange of value.
Privacy
If you choose privacy over everything, P2P is the best accommodation choice. It doesn’t, however, mean that hotels don’t offer privacy. Some people just prefer unique stay.
Business Trip
If you are going for business trip sponsored by your company, or you are embarking on business trip with colleagues, it is better to check in hotels. This will help enhance your brand image. You will also have access to amenities such as co-working spaces, conference rooms, gyms, etc.
Special diet requirements
If you have special diet requirements that hotel restaurants can’t fill, it is better to stay in accommodation run by such companies like Airbnb. You will have complete control over your kitchen.
Need for large space
If you are traveling with your family, you will probably require large space. This can be available through Peer-to-peer (P2P) accommodations at reduced cost.
Security
If you are security conscious and traveling to unfamiliar or high risk locations, Hotels typically have better security measures, such as keycards, on-site staff, and surveillance.
Aesthetic values
If architectural design of a building appeals to you, staying in hotels can be a fantastic experience. Many guests appreciate the elegance and aesthetic appeal of beautifully designed hotel buildings, which often contribute to a comfortable and memorable stay.
Your decision to check in hotels or P2P accommodations will further depend on elements such as costs, proximity and flexibility.
