not surprising, companies like Uber and AirBNB were initially cheaper because they were basically ignoring most laws and getting away with it, plus subsidizing cost with VC money. Now they are being forced to pay for compliance and taxes, and trying to turn a profit, costs go up. Plus their renters don't have the economies of scale compared to traditional hotels, so it makes sense they will be more expensive
Currently on a 2.5wk trip around Europe, only two nights of which are in a proper hotel. I previously had great and unique experiences with Airbnb, but lately, I'm paying what's probably more than a hotel, and the experiences have been... Awkward and sometimes kinda skeezy. The one thing I really want is a convenient washer to do laundry, which almost every Airbnb I've stayed in has. Not so much in hotels.
I once got bedbugs at a hostel in Argentina. They were kind (?) enough to refund my money, but then I was left uncomfortably itchy and roomless. Plus I was freaked out that there might be bedbugs in my clothes and backpack. I bought some detergent and booked a room at the Hilton, put every belonging I had in the tub and filled it up. I've wondered at times what kind of gross stuff happens in hotels, but on this night, I was the gross one.