Why homestays have higher occupancy rates than hotels: 1. Limited availability: Homestays typically have fewer rooms than hotels, which can create a sense of exclusivity and higher demand when availability is limited. 2. Personal touch: Guests often choose homestays for the opportunity to interact with local hosts and experience a more personal connection. 3. Niche appeal: Homestays can cater to specific interests like cultural immersion, rural experiences, or family-friendly stays, attracting a targeted audience. 4. Flexibility in pricing: Hosts can adjust pricing more readily based on demand, potentially attracting guests who are price-sensitive.