RENTING AN AIRBNB IN ISTANBUL COSTS 61% LESS THAN A HOTEL

Alec Hills - Jul 25, 2023
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Moneyzine reports that in Istanbul, the average cost per night for an Airbnb is €40.46, 61.77% less expensive than hotels (€105.85). Istanbul is considered one of the most affordable travel destinations globally, making it an excellent choice for budget-conscious travelers seeking an exotic Mediterranean experience.

Athens takes the second spot, with a significant price difference of 49.53% between a standard hotel room and an Airbnb. If you're looking to save money, it's better to opt for an Airbnb, which costs only €62.13 per night, half the average hotel rate of €123.11 per night in the historic Greek capital.

Staying in an Airbnb in Lisbon costs an average of €95.87 per night, while a typical hotel room costs €187.54. This means that Airbnb accommodations are 48.88% more affordable than hotels in Lisbon, making them a more profitable choice for travelers.

Regarding lodging, Berlin and Paris hold the fourth and fifth spots. There is a notable price difference between Airbnb and hotels in these cities. Choosing to stay at an Airbnb could result in an average savings of €97.80 in Berlin and €99.33 in Paris.

Barcelona has the sixth largest price gap this summer between Airbnbs and hotels. An average night's stay in an Airbnb costs €110.26, whereas hotels in the Catalan capital charge an average of €196.74 per night. This translates to a significant difference of 43.96%, which could mean savings of around €86 for travelers.

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