I'm pretty sure you know what a hotel is. But many people don't know what Airbnb
is. Well, Airbnb is where you can rent someone else's houses and stay in it
instead of staying at a hotel. And I'm going to be sharing why hotels are
better than Airbnb.
In this video, I'm going to be talking to you about why hotels are still beating out Airbnb
and how some really smart entrepreneurs are really trying to compete with Airbnb.
But where many of the Airbnb s are still falling off. So, the number 1 reason
that hotels are better than Airbnb is that hotels are regulated. Hotels have
been regulated by the government, cities, municipalities for a very long
time.
There's many regulations for safety, for fire hazards, for exits, for
the safety of the guests. And in many cases, properties on Airbnb, they don't
have those same regulations. So, Hotels actually have a lot of standards and
regulations and they have third parties that come in to make sure that they are
clean, that they are safe so that they are meeting the standards to keep their
hospitality licensed. Hotels again are licensed through regulatory bodies by
the state, by the city, by municipalities. They have standards and that people come
in and check those standards to make sure that the hotels are meeting them.
Airbnb on the other hand does not have that. Airbnb's are people properties. They
are normal residents. They are just your average public person. Out there, they
have a property they decided, "Okay, you can stay at my property for a fee."
These people do not have the same regulations, laws or people governing
them to make sure that they are doing the things that they need to do and they
are meeting the standards of the industry. In fact, Airbnb's don't
necessarily have a standard like hotels. The great thing about hotels over Airbnb's,
hotel rooms are rarely ever cancelled, okay? I know many of people
that have booked an Airbnb and right before they were supposed to go to their
Airbnb, their reservation was canceled. Or they showed up to the property and it
was not ready. The person had not cleaned it, they had not done what they were
supposed to, the beds weren't made. Whatever the situation, it did not meet
standards and they have to cancel their reservation. In the hotel business,
reservations are rarely canceled. Reservations are rarely double
book. Because hotels have such a wide network, you know, many of them are chains.
They may be able to just put you in another property for example. As we're a
regular Airbnb owner may not have that. Well, I'm going to tell you a secret at the
end on how you can get past that. But that is another reason why hotels are
still kind of winning out over Airbnb. Number 3, hotels generally speaking
are clean. Hotels like I said have a standard. They have a cleaning staff. They
have maid service. They are generally clean. You rarely go to a hotel or a
motel and it is just filthy where you know the sheets haven't been cleaned or
the beds haven't been made or whatever you call clean. In a hotel situation or a
motel situation, most of the time, generally speaking, the room is clean.
They have a business model and they have a cleaning staff that cleans the
properties for them. Very reliably in to a very certain standard.
Now, with Airbnb, we may not have that situation. Again, we have regular people
that may be cleaning the properties themselves or hiring outside parties to
clean their property and the results may vary. So, that's another reason why hotels
are in many cases are outperforming Airbnb's. But we're going to talk about
how you can compete with the hotels as an Airbnb owner. Because there's some
great opportunities here with those three things that I just named. So, how
can we compete as an Airbnb owner with these standards that hotels have that
not all Airbnb's have? Well, I'm going to tell you the secret. I just told you why
hotels are better than Airbnb. Generally speaking. Well, hotels they have standards.
Well, you can have standards at your Airbnb. What's another thing that makes
them better? Well, people rarely cancel their hotel
reservation. As a Airbnb host, you should really work hard not to cancel your
reservations. You need to be just as reliable as a hotel so that people trust
in the Airbnb platform and they trust in you. Additionally... Oh, my gosh.
Airbnb has decided they really want to take on hotel chains. So, guess what they
have done? ♫ Dah dah dah dah! ♪ If you as an Airbnb host for any reason, you're not
able to keep that reservation and you need to cancel at the last minute, I had
this. I had another guest that ruined the floor. In fact, their child had spilled
something and I think it was poop on the carpet. And we had to get that cleaned.
And so the property was not ready for the next guest and I didn't find out
until the last minute and I had people coming in. So, one of the things that
Airbnb has implemented and that is really helping both the host and the
guests is they have a program where they can find you another Airbnb and they
don't charge the guests more money, okay? So, this is an awesome program where
Airbnb is leveraging that they have tons of hosts and they too are growing and
they too have a network and they too can be more reliable than just one single
Airbnb host. So, Airbnb has really worked to fix that problem because they have
multiple hosts and they offer you a different place to stay if you need it.
So, the key to this is that if you can start to think like a hotel and not like
just an Airbnb host then you too can compete with hotels. And your business
will be just as good as a hotel business. You need to make sure that your
properties are clean safe and reliable. You do not want to cancel your listings.
You want to make sure that the property is sparkling clean. For every guest,
before they get there, you want to have some extra little amenities. Make sure
you're fully stocked. We have clean sheets, clean towels, toilet tissue for
them and you make their stay an incredible five-star stay. Treat it the
same way that hotels treat their business. Okay. So, that wraps up why
Airbnb's are worse than hotels. No, no, no, no. Right now hotels are winning out over
Airbnb but not for long. If you follow those steps, you too can have a
successful Airbnb business. So, to help you out, I've posted below a link to a
free Airbnb success blueprint. It's going to give you the steps that you need to use
so that you can have a successful Airbnb business be it successful host and make
millions of dollars like me and my friends do. So, this is for you into your
success.