Hydroxyl group attached to an aromatic ring is more acidic than the one in which hydroxyl group is attached to an alkyl group. Phenols are a million times more acidic than alcohols.
In alcohols,−OH group is attached to C atom which is sp3 hybridised. In phenols, −OH group is attached to C atom which is sp2 hybridised. sp2 hybridised C atom is more electronegative than sp3 hybridised. Thus electron density on O atom in phenol is lower than the electron density on O atom in alcohol. Hence, the polarity of −OH bond and ionization in phenol is more than that in alcohol.
Also when alcohols lose a proton, the resulting alkoxide ion has negative charge localised on O atom. However when phenols lose a proton, the resulting phenoxide ion has negative charge of O atom delocalised over ortho and para positions of aromatic ring. Hence, phenoxide ion is more stable than alkoxide ion.