AirBnB: emerging "yea i was cheap to rent, but you won't like the cleaning fee" -the cost basis here being "... is cheaper than hotel" rapidly becomes un-true when extra fees are added.
I see an analogy to LCC in flying. Its "better" for a specific subset of people who never wanted a full service outcome. As soon as you add full service deliverables like ticket change, luggage, it can be cheaper to go direct to full service.
With house/room rentals/short-term let, it can be cheaper to go to traditional travel accommodation, once extra fees are taken into account.
I see an analogy to LCC in flying. Its "better" for a specific subset of people who never wanted a full service outcome. As soon as you add full service deliverables like ticket change, luggage, it can be cheaper to go direct to full service.
With house/room rentals/short-term let, it can be cheaper to go to traditional travel accommodation, once extra fees are taken into account.