If you’re looking for a good hotel, Airbnb is the place to be.
If you want to rent out a room for less than $500 a night, you can.
But what if you want a room that will last you a decade?
You’re looking at a $30,000 price tag.
It’s the same price that Airbnb’s own website says it can charge you.
And that’s because Airbnb is charging its hosts a fraction of the normal price of a hotel room, making the difference between a “free” and “expensive” option.
“For hosts that have guests for a short period of time, they’re usually charging between $200-$300,” Airbnb spokesperson Alex Zabar wrote to TechCrunch.
“When they’re charging this much, it means that they’ve made the most of the Airbnb platform, and they’re also using the most amount of time and resources to make it happen.”
So what’s happening with Airbnb?
The company is making $6.6 million in profits in the fourth quarter of 2016, up nearly 50% year-over-year.
That includes a $3.6 billion profit in the first quarter of 2017, and a $1.4 billion profit last year.
But for hosts who don’t have a ton of guests, Airbnb’s pricing system means it charges a little less, and the site also charges hosts the same amount per night.
“Hosts that have a few guests per night and need to have a larger amount of space can find it more difficult to make money,” Zabarc wrote.
Airbnb also recently added a new feature for hosts that lets them customize their room in the app.
“The new Airbnb rooms feature allows hosts to create their own private rooms, which is an option we are actively looking into for future features,” the spokesperson wrote.
“This feature will also be available for hotels and vacation rentals in the future.”
So if you’re not sure which hotel to rent or where to book your room, Airbnb has you covered.
But you may want to make sure that your options are on the right side of the meter, as Airbnb’s new feature doesn’t make your room even cheaper, it just makes it a little more expensive.
“If you are looking to rent a room in Las Venegas, and you don’t want to spend a fortune to do so, Airbnb will also give you a 30-day free trial,” Zubar wrote.
But if you’d rather not make a big investment and rent a little room for the rest of your life, then you should definitely check out our top 5 hotels to rent in Las Cruces, New Mexico.
Las Crues Hotel, Las Cruce, New Mexia 2.
Las Vegas Marriott, Las Vegas, Nevada 3.
The Ritz Carlton, Las Palmas, California 4.
The Palace Hotel, Santa Monica, California 5.
La Jolla Hotel, La Jolla, California