Hotels vs Airbnb

An Interesting Battle Is everyone having a love affair with Airbnb? This “a place for a good deal” company is a rapidly growing big deal in the travel industry and is the biggest competition to the hotel industry.

Is everyone having a love affair with Airbnb? This “a place for a good deal” company is a rapidly growing big deal in the travel industry and is the biggest competition to the hotel industry. Given a choice between a hotel stay and an Airbnb home, the majority of people would pick a hotel every time. From the beginning, hotels are built around the visitor. From interior design to facilities and services. Airbnb’s are often adapted from private homes. At the beginning of the Airbnb phenomenon, why did people prefer to pick a hotel stay versus Airbnb accommodation? In a word, services. Services guarantee tourists and any business traveler a pleasant stay without any muss and fuss.

What is an Airbnb? Basically, it is another form of a hotel, but it’s most likely someone’s own home or their own apartment (given out for rentals).

However, when it comes down to an Airbnb vs. Hotel, more and more people opt nowadays for an Airbnb, because it’s cheaper and offers more flexibility. Airbnb’s tend to cost less than hotels while offering more space and flexible check-ins and check-outs. The basic cost saving factor is just one of many reasons why Airbnb’s are getting trendier than hotels. There are many reasons why Airbnb is better than a hotel. But is this true? Will hotels be out or is there a healthy balance between the two?

Let’s look at Airbnb facts:

  • Airbnb’s often offer a kitchen and therefore the option to eat in. This means customers have to go grocery shopping. So, from one side, this is much cheaper than being forced to go to restaurants all the time and dining out. It also gives the client the chance to experience the shopping aspect of the local life, and go to delicious local markets.
  • By staying in an Airbnb, you get an idea of the local lifestyle. The feeling of living in “your own flat” inspires you to become more like the locals.
  • The Airbnb host can provide local tips.
  • Big family or friend groups can stay in Airbnb’s, which means that there is no need for extra rooms as you would need it, in case a group would want to travel together. Again, this attractive cost saving option attracts more and more people to use Airbnb’s, especially when a group of friends or family are planning a trip. Or, some events or parties are planned, like someone’s bachelorette party, birthday parties or any other events attended by a group of people. Therefore, Airbnb’s are very much loved by the young generation who cannot afford hotel prices.
  • Searching for an Airbnb can often require more research and time. Hotels have visible addresses that are easy to look up and find. Airbnb often provide an estimated location that is not immediately clear to pin point whether its location is optimal. One has to read the description and trust the hosts words and estimates. (Airbnb)
  • There are good surprises and bad surprises. Reviews of hotels and Airbnb’s can vary but more often than not, hotels have a lot more reviews to base a decision. Many Airbnb’s are newly and recently listed with few reviews and sometimes few pictures.

We understand that Airbnb’s are mainly attractive from a price point. They offer customers to dive into the local world from a different perspective to discover the real lifestyle and to socialize more with the locals. This is fun when it comes to a young generation who a) cannot afford hotel prices to discover a city or country b) want to organize events or stay with several friends or the family c) want easy going when it comes to traveling and are open to take care of everything like in an own “home”.

Advantages of Hotels over Airbnb

Hotels have their advantages and unique selling points that guarantee their importance to the travel industry. Let’s look at a few points of how hotels are unbeatable. Here are a few reasons why clients should rather opt for Hotels than for Airbnbs:

  • Hotels are not meant to be home-sharing, so you keep your independence, while benefiting from common food and beverage, hospitality, Gym, Spas and many other services.
  • Hotels offer a safer and less complicated solution, when it comes to travel circumstances like: delayed flights and your arrival is very late, public transportation, taxis, buses or any option of help that isn’t available to reach to your destination in time. At this point, the easiest thing to do is to then get a hotel. When using an Airbnb, these circumstances might make it very difficult to get to your Airbnb destination and check-in, in time. Meanwhile, hotels are generally easy to find and you have the availability to check in 24/7, at whatever time you might arrive. Additionally, if unforeseen changes occur to your Airbnb, booking another Airbnb on the same day can be difficult. Relying on the Airbnb host to accommodate same day requests quickly could be unlikely.
  • Consistent quality: A few unlucky guests have complained that Airbnbs that hosted them were quite different from the experience they had seen on their listings. Hotels’ quality doesn’t waver; what you see on the brochures is likely what hotels give in real life.
  • For clients, being on a business trip, a hotel is more convenient and comfortable when it comes to practicalities and services. A business individual will not have time to iron his shirt himself before a meeting, or cook himself lunch. He will also not be interested in local discoveries being on a rather professional mission. Airbnb’s will not offer the suitable services that a business client will require. Meanwhile a hotel offers all the services and comfort required, to meet the needs of a business client by easing his stay the best possible way. No time needed to look after the room, clean up behind himself or do the kitchen before checking out.
  • One major advantage is that a hotel will usually offer even business options like conference rooms or other facilities for meetings, trade shows and conventions, that an Airbnb won’t have.
  • Even so called “high maintenance” people, being used to luxury and dolce vita, will prefer a hotel, where they can drop their bags just after arrival and run to the beach or to simply have fun wandering around without any responsibility as the hotel takes care of everything.
  • Easier cancellation process: Hotels have a more flexible cancellation process than an Airbnb. This makes it easier for guests to commit to hotel bookings knowing that they have a higher chance of backing out with hotels.
  • And let’s be honest, the world of hotels and its beauty, let us dream and make us feel welcomed and enjoy our holiday in the most magical way!
  • Hotels are usually optimally located, near tourist attractions and well connected to transportation and main roads. Airbnb’s can often be found in residential areas that are not immediately easy to get around without a car. Secure parking is also not necessarily guaranteed by an Airbnb.
  • With hotel brands one can often choose and know what to expect in terms of quality, service and feel of a hotel. Travelling to multiple different countries, one may prefer to stick to a brand that one knows that guarantees a consistent experience.
  • Airbnb’s often require large security deposits in comparison to Hotels. There are also often additional cleaning fees with Airbnb’s that are already priced into a Hotel room. With hotel prices, what you see is what you get. With Airbnb, there are usually additional add-on expenses.
  • Communication with Airbnb hosts may not always be reliable. Often times the communications are done via texts and there is no immediate phone number to call. If something goes wrong, there is no front desk, reception or management to talk to that can accommodate your request immediately. For a quick check-in and check-out, Hotels can also be much more reliable.
  • With Airbnb, one often has to rely on the availability dates of the home. If a place is available it is centered around the home and host and not the guests schedule. Dates may not be suitable. One often has to book an Airbnb months in advance and schedule a trip around the homes availability to get the place.
  • With hotels one can usually rest assured that it can be booked days in advance or even on the day of arrival. If one doesn’t plan well ahead and isn’t quick enough to book an Airbnb home, it may be gone and one likely has to look all over again for another place. Then one place may have the right location but isn’t as charming and another place is charming but not in a good location. With hotels, one can usually find the perfect balance.
  • Hotels usually offer better security, surveillance and valet services which Airbnb’s cannot often match. With a hotel one can be mostly assured that the premises are secured and that there are staff around in case help is needed.

These are only a few of many good reasons, why it would make sense to rather use a hotel than Airbnb.

Who is the winner? To make a long story short, both! And it depends pretty much on the clients’ personal choices and needs.

Whether a stunning hotel or a nice Airbnb Apartment, both options can work perfectly and are actually complementary other than really competitive.

What is your choice?

Get in touch to plan a sales strategy for your hotel. If you want to receive the latest deals, please subscribe to our newsletter below.

T +41 (0)61 564 07 40
info@alpineahotels.com
www.alpineahotels.com

Interview with our Founder and CEO, Monica Fontoura

Interview for the IMMO’21 Swiss Property Fair Hotel investments for a better time after the pandemic.

Hotel investments for a better time after the pandemic

What is Alpinea?
We are a Swiss hotel brokerage and advisory company. Alpinea sources hotel real estate assets by consulting with hotel property owners, partners or investors and presents these projects off-market to Swiss and global investors for acquisition.

You just mentioned projects “Off-market”, can you explain what this means?
Sure. This is basically about privacy and confidentiality. Normally no hotel owner wants to disclose that his hotel is for sale, for several reasons: staff can get discouraged, customers may think that it has problems, and the asset price goes down. On the other hand, investors or organizations that want to buy a hotel may not want to advertise it openly. That is why both sellers and buyers use the off-market sales channel, where confidentiality is ensured and only when the transaction is made do they choose whether to make it public.

Why should a Hotelier choose you, I mean, what makes Alpinea different from other commercial real estate agencies?
We really are specialists in this industry and know how to evaluate a hotel beyond its balance sheet. I trained in hospitality at the Glion Institute of Higher Education, and our collaborators are all experienced in this field. Being in Switzerland also means relationships with credible financial institutions. From here, we reach international markets in Europe, North America, the Middle East, and Asia.

Why would I choose to invest my money in an off-market hotel?
Because now is the right time to find opportunities for great future profitability which will also bring social and economic sustainability at a local and global level.

What was the real impact of the pandemic on your business?
Huge. On one hand, the number of available properties has grown significantly, and we’ve had to grow our team as well, also to support independent hotels, which often do not know how to reach investors. We have worked hard in 2020, and it is nice to see how we are being recognized internationally in this market as a serious and reliable partner.

Where do you see your company in the future?
I want Alpinea to continue bridging the gap between the hospitality and the finance and wealth management services industry. There’s a huge opportunity here, and I think hospitality has much to offer to investors. People still want to come together, to travel and experience the world. This year we’ve learned how important that is to us. So, in the post-pandemic world, I’m sure there will be a period of fast growth, where resources that are now sitting idly on the side will be looking for areas of investment. Alpinea will be ready to help those resources come to the hospitality industry.

Contact
ALPINEA AG
Stücki Village
Hochbergerstr. 70
4057 Basel
T +41 (0)61 564 07 40

info@alpineahotels.com
www.alpineahotels.com

European Autumn Destinations

Get inspired by the cozy season. The leaves are falling! We opened our portfolio and chose our five favorite cities and regions to have an Autumn experience:

The leaves are falling! We opened our portfolio and chose our five favourite cities and regions to have an Autumn experience:

 

Istanbul

The most inspiring view of Istanbul

One city, two continents. Istanbul is the perfect destination for this mid-season due to its exotic climate. In autumn you will be able to stroll through its full of history streets away from rain and heat spikes. Rich in culture, in a mix of tradition and modernity, Istanbul served as inspiration and scenery for many different works of art.

Main attraction: After wandering around the city, enjoy the wonderful local cuisine! A refined fusion of the best in Asian and Western cuisine.

Rome

Exquisite ambience in Rome

Rome is undoubtedly an open-air museum! But the truth is, this museum is very famous, therefore – very busy. So, the best time of the year to visit is Autumn. Enjoy the mild weather and wander around the city. Enjoy the secret but equally wonderful facades and discover its nooks and charms. Experience Rome with the locals!

Main attraction: You cannot pass through Rome without visiting the Colosseum, “the beating heart of ancient Rome” and one of the seven wonders of the world. The Coliseum will definitely make an impression on you as it still carries the whole history in it and has the ability to make us travel through time.

Douro

A paradise in the Douro Wine Region

The north of Portugal welcomes this season in a very peculiar and special way. Douro Valley, for example, is one of the regions of Europe that has its peak of beauty in autumn, a true botanical wonderland! Its landscapes are painted in warm tones and Mediterranean cuisine reaches its peak of flavour.

Main attraction: There’s nothing like doing a boat trip around the region to get the most out of this experience. The weather is mild, and boats sail along the winding curves of the Douro River. At the end of the day, stroll through the vineyards and offer a trip to your palate with a port wine tasting. Yum!

Prague

Pleasant aesthetic in Prague

The golden and copper glow that falls on the Vltava River at the end of an autumn day, makes Prague one of the most romantic sceneries in Europe at this time of year. Stroll through the medieval and bucolic alleys of the Old Town, decorated with leaf rugs, and climb up to Prague Castle to enjoy views of the city.

Main attraction: There are more than two hundred parks that form the green lung of the city! And they are a relaxing meeting point between the locals and the tourists. We highlight the Stromovka Park, the “Central Park” of the Czech Republic, which was created in the 13th century by the Czech King, a true green oasis perfect for an afternoon picnic.

Bordeaux

Marvellous Trophy Hotel in Bordeaux

Toast with one of the famous Bordeaux wines! Voted one of the most beautiful cities in Europe, Bordeaux is known for its history, landscapes and warm hospitality. The city is relatively small and flat; therefore, with the mild autumn climate, it is perfect for exploring on foot or by bicycle. Its architecture is the perfect fusion of classic and cosmopolitan!

Main attraction: Save time in your schedule to visit Place de la Bourse, an architectural work of art, built in 1720 alongside the Garonne River, and designed by the famous architect of Louis XV, Jacques Gabriel. The heart and symbol of the city!

Are you inspired? 

Get in touch with us. We help you diversify your investment portfolio with Hotel assets that protect your legacy.

Suite Dreams

The new definition of a hotel suite.

 

Spending a night in a luxurious hotel suite is something many people associate with the perfect ambiance for a deep and relaxing sleep. But what are the key facts in reaching this special vibe of a dreamy hotel suite?

Even though you could think of luxury as something extravagant and the attitude of “the more the better” there has been a shift in the past couple of years in how luxury is being defined in terms of the hotel suite.

In this new definition of a hotel suite, there is much more space for individualization which has become a very important topic in the architecture and design world. Also, the urge for more nature and green has increased notably.

This is of course the result of the change of attitude in our society where sustainability is becoming such an important topic and forms our surroundings in a different, and better, future. Natural and sustainable materials such as stone, wood, linen, marble, or wool are giving the guests of a suite the impression of a more modern and accurate luxury.

Instead of glamorous headboards and heavy fabrics, the trend is definitely going in the direction of simplicity. It gives the guest more space to breathe, makes the interior look much lighter and cleaner, and is also a part of the sustainable lifestyle.

The color palette of the new definition of luxury hotel suite stays is also very simple. Earthy tones in combination with white, grey, and colors coming from nature, emphasize the idea of nature as its biggest inspiration.

But creating a space for dreaming is not only about choosing the right materials and colors. The lighting is extremely important as it all comes down to how the human eye reacts to light. The perfect solution is a dimmer where you can install the timing of when the light should switch into night mode.

Natural light plays also an important role in how we feel and how we sleep. The perfect situation would be to have the windows facing east so the body and the mind can wake up with the sun rising and giving the room an awakening of lightning.

We have come to realize that staying closer to nature will automatedly give us the right surroundings for better sleep. This is something you could think of when planning the bedroom at home as well.

In the end, sleeping is something we spend a third of our lifetime doing so it is a good idea to start thinking a bit more about how to create a better and more suitable bedroom. Imagine waking up every day feeling as relaxed as if you would have spent your night in a luxurious hotel suite.

So spend a night in a hotel suite, get inspired, and increase your quality of sleep long-term by copying some of the new trends in how to reach your sweetest dreams in a sustainable environment.

Get in touch with us if you want to know more about the latest trends in the hospitality world, topics reaching from interior design to investment strategies.

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Due to the very high volume of clients and market dynamics, SAFE  has decided to strategically focus on high-value new clients and long-term relationship building.

Locations:

Headoffice Basel, Switzerland.

Delegations in Lisbon, Portugal.

Colmar in France, Dubai, Florence Italy.

 

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