I agree that in some markets the airbnb prices are close cheap hotels. From my experience, I used to use Airbnb in Paris (France) and for the past 2 years, I ended up in an hotel, since it was cheaper. Now, hotels pricing is way more flexible when it comes to react to low demand. Airbnb hosts, do not adjust as well or as quickly to the seasonal (even week day vs. weekend) nature of hospitality. Airbnb is not always the cheaper option vs. hotels.