Respect works properly alongside fairness. Addressing a teacher courteously about a subject, providing appropriate assistance to an elder, and responding considerately to a guest reflect the instruction أَنْزِلُوا النَّاسَ مَنَازِلَهُمْ.
However, treating equally entitled people differently merely because one is wealthy or influential is favoritism, not good manners. A respected person’s status does not make their wrongdoing acceptable.
مَنَازِل is the plural of مَنْزِلَة. Here the word conveys standing or proper consideration, not merely a physical home.