I am considering hosting my first place in Shanghai Hongqiao CBD in China. It’s a business district that is still under construction, but soon to finish. It has choke amount of office buildings and a humongous, new convention center.
There’s also a lot of 4-5 star hotels. Over 1,500 rooms total between all the hotels in the vicinity of where I’m planning on hosting. There’s a lot more if you count the ones a little bit farther away.
I want to ask all you professional Airbnb hosts: What do you think about hosting here? I’ve been told that hotels are your biggest competitiors, not other Airbnb rentals.
Thank you in advance.