Tourexpi
The
study measured average hotel prices for one night and one week and compared to
Airbnb pricing range, calculating daily and weekly differences. The study
also includes the number of international visitors, growth in arrivals and
number of hotels in each city to provide additional context and estimate the
demand for accommodations. All data is taken from open reports by TripAdvisor,
Airbnb, and Euromonitor.
Here
is the summary of the findings:
City |
Country |
Population |
International visitors (in a year) |
Growth in arrivals (in a year) |
Average hotel price (1 night, in $) |
Average hotel price (1 week, in $) |
Number of hotels |
Hotels per capita (100K) |
Average AirBnB daily price (in $) |
Average AirBnB weekly price (in $) |
Hotel-Airbnb difference daily |
Hotel-Airbnb difference weekly |
Istanbul |
Turkey |
15.6M |
20,200,000 |
26% |
49 |
344 |
7,093 |
45.31 |
262 |
1834 |
213 |
1490 |
Las Vegas |
United States |
665.4K |
6,639,300 |
4.70% |
96 |
675 |
375 |
56.34 |
307 |
2149 |
211 |
1474 |
Amsterdam |
Netherlands |
1.18M |
8,354,200 |
6.50% |
131 |
916 |
1,336 |
113.05 |
287 |
2009 |
156 |
1093 |
Sydney |
Australia |
5.05M |
4,090,600 |
3.20% |
96 |
673 |
552 |
10.92 |
247 |
1729 |
151 |
1056 |
Paris |
France |
2.08M |
15,500,000 |
4% |
126 |
881 |
2,731 |
130.82 |
268 |
1876 |
142 |
995 |
Dubai |
United Arab Emirates |
3.54M |
16,800,000 |
18% |
71 |
495 |
2,177 |
61.33 |
208 |
1456 |
137 |
961 |
Miami |
United States |
460.2K |
8,121,300 |
4.10% |
152 |
1,066 |
384 |
83.43 |
279 |
1953 |
127 |
887 |
Antalya |
Turkey |
1.37M |
16,500,000 |
29% |
46 |
320 |
1,263 |
92.06 |
164 |
1148 |
118 |
828 |
Tokyo |
Japan |
37.1M |
9,985,100 |
4.60% |
42 |
294 |
2,935 |
7.91 |
160 |
1120 |
118 |
826 |
Hamburg |
Germany |
1.89M |
1,450,000 |
5% |
82 |
571 |
711 |
37.58 |
195 |
1365 |
113 |
794 |
The
city where staying at a hotel saves the most money compared to Airbnb is
Istanbul, Turkey, with $1,490 saved weekly. The hotel room for one will
cost $344 a week and there are over 7,000 hotels to choose from. At the same
time Airbnb in Istanbul costs $262 for a night, summing up to $1,834 weekly and
making accommodations a significant expense.
Las
Vegas, United States ranks second, with
$1,474 difference between hotel room and Airbnb. Hotel for one here costs less
than $100 but there are 375 hotels to choose from for both cheaper and more
luxurious options. Las Vegas also has the priciest Airbnb accommodations, $307
on average, which makes hotel a much more affordable option.
Amsterdam,
Netherlands takes third place, saving $1,093. Average hotel price in
Amsterdam totals $131 for a night when Airbnb costs over 2 times more with
$287. There are 1,366 hotels in the capital of the Netherlands, amounting to
the second-highest rate of hotels per capita in the top-10.
Sydney,
Australia closely follows Amsterdam with fourth place and $1,056 in savings.
Airbnb prices in Sydney are a little cheaper than in Amsterdam, $247 for
one-night stay. Compared to Airbnb, expenses total only $96 on average, same as
in Las Vegas.
Paris,
France is fifth in the ranking of the cities where it is cheapest to live
in a hotel rather than in Airbnb, with $995 in savings. The city has over 2,700
hotels with 130.8 hotels per 100,000 residents, the highest density in the
top-10. One night in a hotel here will cost $126 and Airbnb offers places for
$268 on average.
Dubai,
United Arab Emirates takes sixth place, with $961 saved. The city has
fewer hotels than Paris with 2,177 but the prices are more affordable, with
$71. Airbnb prices in Dubai are also cheaper on average than in Sydney or
Amsterdam, summing up to $208.
In
seventh place is Miami, United States, with $887 saved weekly. The
city has the highest hotel prices in the list, averaging $152 for the night. At
the same time Airbnb accommodations cost less than in Las Vegas or Amsterdam.
Antalya,
Turkey ranks eighth, with $828 saved weekly. Just like Istanbul, the city
saw a large growth of tourists, 29% compared to last year. The city offers
1,263 hotels and room prices come to $46 on average.
Tokyo,
Japan is ninth, letting tourists save $826 on accommodations. The city has the
cheapest hotel options in the list, with the one-night stay costing only $42.
Tokyo has over 2,900 hotels, providing accommodations for tourists who are
visiting Tokyo more often. The city saw a 4% increase in international visitors
since last year.
Hamburg,
Germany closes the ranking of the cities where it is cheapest to stay in a
hotel rather than in Airbnb, with tenth place and $794 in savings.
International arrivals to Hamburg grew 5%, more than for Tokyo, Miami or
Sydney, totalling 1,450,000 people. Tourists can find a hotel room in Hamburg
for $82 on average, while Airbnb accommodations will cost $195.
Source:
https://highlandcabinetry.com/
Image
Credit: AA
The most interesting news
UN Tourism Executive Council Looks to Innovation and Investment-Driven Future
UN Tourism’s Executive Council has met again to jointly advance the transformation of the sector.
UN Tourism Announces Best Tourism Villages 2024
From Caviahue-Copahue in Argentina to Tra Que Vegetable Village in Viet Nam, discover the 55 new Best Tourism Villages by UN Tourism.
100,000 holidaymakers: TUI plans further growth in the Czech Republic
Most popular destinations are Antalya, Mallorca and Crete.
World Travel Market London 2024 Closes with 11 Percent Increase in Qualified Buyers
The number of pre-qualified buyers attending this year’s World Travel Market London increased by 11 per cent compared to last year, with organisers of the world’s most influential travel and tourism event thrilled to confirm 5,049 world class buy
More choice, more flexibility: TUI expands hotel offering with smart connections
Dynamic rates, new hotels: holidaymakers and travel agencies benefit from a wider range of offers / More last-minute availability makes it easier to book at short notice.
Grand Hyatt Strengthens Global Brand Presence with Openings in New Markets
The Grand Hyatt brand continues to expand its footprint, bringing first-class hospitality and memorable guest experiences to new and key leisure and business markets from Scottsdale to Bangalore.
IHG to bring the iconic InterContinental brand to Kodaikanal
Signing of 100-keys hotel will bolster IHG’s luxury and lifestyle portfolio in the country and is in line with the company’s expansion strategy across key leisure destinations in India.
'UCI Nirvana Gran Fondo World Series' cycling event to begin Friday
3-day event to feature 880 cyclists from 35 different countries in southwestern resort city of Antalya.
Türkiye, Azerbaijan ink cooperation deal in tourism
Türkiye ready to share its tourism experience with 'brother' Azerbaijan, says minister.
UN Tourism World Forum on Gastronomy Tourism debuts in the Middle East hosted by Bahrain
The Middle East played host to the World Forum on Gastronomy Tourism for the first time, with Bahrain welcoming policymakers, industry experts, and renowned chefs to focus on sustainability and community empowerment.
Indonesia Unveils the Secret Colour of Mandalika, A Journey to Lombok
The Indonesian Ministry of Tourism and Creative Economy proudly unveils its latest promotional video, "The Secret Colour of Mandalika", inviting international travellers to explore the unparalleled beauty and cultural richness of Mandalika, a hidden
Istanbul to host forum on AI and copyright issues
Global experts to explore AI's impact on copyright in media industry.
Istanbul to host major tourism forum later this month
Tourism Investment Forum (TIF) 2024 will bring together international investors, financial firms, hotel brands, innovators, and real estate developers, says association.
World of Hyatt and Headspace Launch New Series to Help Travelers Find A Good Night's Sleep
Science Behind Sleep video series gives guests and members expert tips on how to enhance sleep routines.
Royal Caribbean Brings The Action With 2026-27 Caribbean and Northeast Lineup
From Star and Icon of the Seas to all-time favorites, adventures of all kinds set the stage for vacationers to explore the tropics and more.
Türkiye hosts 1.7M cruise passengers in January-October
Kusadasi port in southwest enjoys highest number of passengers, cruise ships, official figures show.
Guiyang: Harnessing Two Treasures that Bolster Poems and Dreams
Guiyang, a city where profound history and modern civilization perfectly blend, is drawing the world's attention with its unique charm.
TAT and EVA Air Strengthen Partnership to Boost Thailand Tourism
Four-year extension builds on past success to enhance Thailand tourism via EVA Air’s global network.
New tech transforms historic European castles
Centuries-old La Vigne Castle is first to install high-speed internet.
Sea level rise could displace 20M in Mediterranean by 2100
Worsening heat waves, plastic pollution, water scarcity also pose serious risks, according to Mediterranean Experts on Climate and Environmental Change.
voco hotels Makes Atlanta Debut with Conversion of The Darwin Hotel
voco hotels, a premium brand in 'IHG Hotels & Resorts' global portfolio, proudly makes its Atlanta debut with the opening of voco The Darwin Hotel.