> Even as Palm Springs' tax revenue from home bookings has dropped by about 13% over the past year, hotel tax revenues are up by about 1.5%. Combined revenue from the two types of stays — known as transit occupancy tax — is down by about 3%.
This backs up anecdotes I’ve been hearing about people going back from AirBnB to hotels. The consensus seems to be that the price difference is diminished and the high variance in quality is not worth whatever discount still exists.
I have some good memories from the early years of talking with hosts and even having them show me around, it’s a shame that it’s become so transactional but I don’t see how it could have scaled any other way.
This backs up anecdotes I’ve been hearing about people going back from AirBnB to hotels. The consensus seems to be that the price difference is diminished and the high variance in quality is not worth whatever discount still exists.
I have some good memories from the early years of talking with hosts and even having them show me around, it’s a shame that it’s become so transactional but I don’t see how it could have scaled any other way.