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Istanbul and Antalya In the Top Cities Where Hotels Are Cheaper Than Airbnb
A recent study by Highland Cabinetry analyzed 55 biggest tourist capitals and their living arrangements to identify the cities where hotels are the most affordable when compared to Airbnb.
Istanbul and Antalya In the Top Cities Where Hotels Are Cheaper Than Airbnb

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


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