Was this the case though?

Airbnb and hotels.com and the likes have been pushing the hotels towards a race to the bottom but actual hotels are not bad in my experience. Small quasi-hotels with ordinary flats that run like a estate get rich quick scheme are though.

Other than mandatory fees not displayed in the advertised daily rate, I have never heard of people hating hotels.

Airbnb listings also have mandatory fees not displayed in their advertised daily rate.

My understanding is that Airbnb took off because it was cheaper than hotels (however in general, that may not be the case anymore).

I think *people hate costs more than they hate services* (which is how airlines like Spirit and Ryanair have managed to do business).

"A principle for taking advantage of thresholds has to include a test to ensure the game is worth playing. Here's one that does: if you come across something that's mediocre yet still popular, it could be a good idea to replace it. For example, if a company makes a product that people dislike yet still buy, then presumably they'd buy a better alternative if you made one."

The smart places knew it and regulated uber or killed it and keep local taxis working

Kind of like a country can subsidize car industry export tons of cars and kill domestic production in another country. Then they can jack up prices and profit on their terms.

They don't win because their cars are better. They win because they are lying by price

Same with closedai and friends now.