Airbnb’s the bee’s knees
TotallyMoney.com has produced an infographic that illustrates that in the UK hotel prices vastly exceed those of Airbnb properties.
The infographic presents the costs of an Airbnb room, a whole house rental via Airbnb, and the average hotel room, highlighting large price differences across popular tourist destinations in the UK.
According to TotallyMoney, some of the most apparent differences are between hotel and Airbnb rooms; the top three places for savings being London, where it costs 59 per cent less to rent an Airbnb room, Bath, at 52 per cent less and Oxford, also at 52 per cent less.
Other findings include that in Bath, Chester and York, it is cheaper to rent a whole house rather than get a hotel room, while in Edinburgh and London, Airbnb houses with a pool or hot tub cost less than a hotel room with the same amenities.
TotallyMoney found that Northampton was the only place where a hotel room costs less than the Airbnb equivalent.
“It can be confusing deciding whether to look on Airbnb for prices or on hotel comparison sites, so we wanted to provide a way of helping people decide on what type of accommodation is the cheapest in the most popular areas of the UK,” explains TotallyMoney’s head of brand and communications Joe Gardiner.
With the increasing popularity of accommodation booked through sharing economy service providers, ITIJ recently took a look at cover for travellers booking their stays via such methods. You can read it here.
You can view the TotallyMoney infographic here.