Why is Meituan Hotel cheaper than the same city?

Meituan Hotel is cheaper than hotels in the same city for the following reasons:

1. Fierce competition: There are a large number of hotels on the Meituan hotel platform, and the competition among hotels is fierce. In order to get more customers, many hotels will reduce prices to attract customers.

2. Discount: Meituan Hotel Platform often carries out various promotional activities, such as coupons and discounts, which can reduce hotel prices and attract more tourists.

3. Scale effect: Meituan hotel platform has a huge user group, which makes it have a strong scale effect, and can negotiate with hotel merchants more effectively, thus obtaining lower costs.

4. Model innovation: Meituan hotel platform has made innovations in business model, such as launching hotel reservations, coupons and other functions. These innovations reduce the marketing cost of hotels, thus making their prices more competitive.

To sum up, the reasons why Meituan Hotel is cheaper than hotels in the same city mainly lie in fierce competition, discounts, scale effect and model innovation.