Booking a place to stay stalls in a specific way. You cannot really compare a hotel with a rental until you have decided which kind of place you are looking for, because the two live on different sites with different filters and different things left unsaid. The Hotel or Airbnb Wheel has just those two slices, so one spin puts you in a lane and lets you get on with comparing actual rooms.
The two sides buy you different things. A hotel is a front desk at midnight, a made bed every day, a lobby to wait in, and a booking you can usually cancel late. A short term rental is a kitchen, a washing machine, separate rooms for people who go to bed at different times, and a street where people actually live. One removes chores, the other removes restaurants.
The wheel is not judging value and has no idea what the cleaning fee is on that apartment with the good balcony. It breaks the tie when both options look fine and you have been flicking between two tabs for three nights. Watch your reaction when it lands: if Hotel comes up and you are already mourning the kitchen, you had a preference the whole time.