Sometimes, when traveling, it can be tough to figure out whether it's smarter to book a hotel room or an Airbnb rental.
The bus travel booking website Busbud compared Airbnb prices and resort rates across 22 cities in North America, Europe, and Australia.
The prices of Airbnb bookings are based off of the cost of an one-night's stay, while the average prices to get a hotel room were determined using Hotel. com's Hotel Price Index Report, which analyzes prices based on reservations made on the site per room for each night (including any taxes plus fees).
It's good to note that will prices are subject to change with respect to the season and how close to the time of the trip the booking is made. Nevertheless, the numbers help give a feeling as to where a particular booking option might be cheaper than the other.
Busbud
The data shows that, in general, Airbnb could save travelers money when booking across the northern US, while hotels offer better rates in the the southern part of part of the US.
In Europe, the typical hotel costs can be as much because double the cost of Airbnb bookings.
Busbud
To see the full study, click here.
SEE ALSO: This is the best time of the 7 days to book a flight, according to Expedia
DON'T FORGET: Follow Company Insider's lifestyle page on Facebook!
The bus travel booking website Busbud compared Airbnb prices and resort rates across 22 cities in North America, Europe, and Australia.
The prices of Airbnb bookings are based off of the cost of an one-night's stay, while the average prices to get a hotel room were determined using Hotel. com's Hotel Price Index Report, which analyzes prices based on reservations made on the site per room for each night (including any taxes plus fees).
It's good to note that will prices are subject to change with respect to the season and how close to the time of the trip the booking is made. Nevertheless, the numbers help give a feeling as to where a particular booking option might be cheaper than the other.
Busbud
The data shows that, in general, Airbnb could save travelers money when booking across the northern US, while hotels offer better rates in the the southern part of part of the US.
In Europe, the typical hotel costs can be as much because double the cost of Airbnb bookings.
Busbud
To see the full study, click here.
SEE ALSO: This is the best time of the 7 days to book a flight, according to Expedia
DON'T FORGET: Follow Company Insider's lifestyle page on Facebook!