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3 Ways Consumers Benefit When Hotels Compete With Airbnb

Aug. 1, 2018
Travel, Vacations & Trip Planning
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We adhere to strict standards of editorial integrity. Some of the products we feature are from our partners. Here’s how we make money.

Airbnb has undeniably changed the travel industry. Now, travelers have the option to enjoy more freedom in their stays without increasing the cost. That said, there can be some negatives to the Airbnb option. In fact, there are several red flags to be aware of when looking at Airbnb listings.

But the complaints about hotels are the high cost and short timeline. Has anyone ever not been annoyed with a 3 p.m. check-in before?

So where does that leave everyone? Well, hotels are starting to make changes based on the Airbnb model, and it’s good for consumers. Here’s why.

More space and amenities than a traditional hotel

With multiple bedroom options and even private pool selection, there is no doubt greater flexibility for travelers when they rent a home versus booking a hotel room.

Another feature that is great for groups and families is having a full kitchen. Being able to cook means significant potential savings for each meal. Tribute Portfolio Homes, a London-based experiment by Marriott International, also offers full-sized bath amenities and a 24/7 check-in time. No more waiting until the late afternoon to check in.

Curated short-term rentals

Another benefit to home-stay options by hotels is the curation and management. The Tribute Portfolio Homes, currently exclusive to London, offer curated furniture and 24/7 support. Another option, Vacation Rentals by Choice Hotels, works directly with local management companies.

But what both options offer is the guarantee of brand satisfaction at any of the homes. The hotel chains that use the vacation rental home model have a reputation that translates to an enhanced experience. It is this reputation aspect that may elevate this model above Airbnb for consumers.

Travel rewards options

A unique angle and currently the biggest benefit with these hotel rental home choices is the option to earn or redeem points with these major hotel groups. The free Choice Privileges Program allows you to earn up to 10 points per dollar spent on vacation rentals. This, in combination with one of the best travel credit cards of 2018 means major rewards through both. The Tribute Portfolio homes allow guests to earn points with Marriott Rewards.

The vacation home rental is a new category for travelers. Vacation Rentals by Choice Hotels are available in several states in the U.S., including Colorado, Florida, Hawaii and Utah. Tribute Portfolio Homes are available only in London. Time and competition will show if this model is one that is preferred by consumers. If you want a vacation home rental but these locations aren’t on your list, check out how to earn travel rewards with Airbnb. These options are a great way to get the best of travel rewards without losing the space of a rental home.

How to maximize your rewards

You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2018, including those best for:

 

Planning a trip? Check out these articles for more inspiration and advice:
NerdWallet’s best hotel credit cards of 2018
How credit card rewards rates stack up
5 ways to save money and nab last-minute flight deals

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