Depends on where you live and what you rent. Here, in France, it’s a lot cheaper to rent a full house for a week vacation for 2 families (let’s say 4 adults 5 kids) than renting 2 or 3 hotel rooms.

Also at Airbnb you have a full house with commodities which you don’t at an hotel. So to the rice of the room you need to add restaurants and laundry costs.

There are alternatives in France, other renting networks which predate Airbnb. But Airbnb killed the market because it’s so easy for the renter and the owner