Hotel > AirBNB
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Airbnb is great for groups. It's basically the only time I use it. Getting a whole two bedroom apartment for an affordable price is really nice.
Stayed in Japan for two weeks in a group of 5-6 people, and our experience with Airbnb was great. But the two places we stayed at were basically proper hotels (one of them very small though), who just used the Airbnb platform.