This will affect the hotel business, and in the long run, they will have to take drastic measures to save costs, by reducing the number of employees. In a previous post, I said that the homestay business can help create job opportunities , but on the other hand, the homestay business can also cause existing businesses to be affected, and cause job losses if competition is too fierce. In this situation, perhaps we need to refine the question, do homestay customers and hotel customers consist of people with the same background? If the answer is the same, then the earlier businesses will face problems, and they will compete with each other.
On the other hand, if the answer is different, then every business, whether a hotel benin phone number resource or a homestay, actually still has the opportunity to operate well, within their own scope, with a relatively minimal risk of failure. We assume that no entity "steals" customers belonging to another entity. After all, each business actually serves a different group of customers. However, of course this situation is changing, when the emergence of homestays is due to the desire to provide an alternative to hotel customers who may need accommodation that is different in terms of concept and price compared to what is offered by hotels.
In this situation, it is clear that the homestay business is actually capturing customers from the same type and background as the existing business is targeting. In my opinion, this is not a healthy thing. The homestay business should be targeting different customer groups with different backgrounds and needs, for example, they should be targeting customers with characteristics such as 1. Want the same accommodation experience as at home 2. Those who are on vacation with their families 3. Those who want to get together and want to discuss certain matters 4. Those who prefer to stay in a homestay Individuals like this usually won't choose a hotel as a place to stay .
If the demand for homestays is greater than that of hotels
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