Airbnb CEO: NYC hotels will get more expensive after short-term rental crackdown
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Re: Airbnb CEO: NYC hotels will get more expensive after short-term rental crackdown
#2[flagged]
Re: Airbnb CEO: NYC hotels will get more expensive after short-term rental crackdown
#3I seriously doubt hotels will get more expensive as they still have to compete with each other. I would say Airbnb has never had any influence on hotel pricing in NYC.
That being said, I tried Airbnb in NY a few times and it was absolutely disgusting. In most places Airbnbs will be a bit dirtier than a hotel but in NY it wasn't even close. Rats, cockroaches, showers that don't drain, grime everywhere... After a few experiences like that I was out. Hotels in NY offer a much better experience.
Re: Airbnb CEO: NYC hotels will get more expensive after short-term rental crackdown
#4oh no ;_;
I'll be thinking of the hotel customers when i'm paying my rent.
Re: Airbnb CEO: NYC hotels will get more expensive after short-term rental crackdown
#5I read the story, and there's nothing in here that's surprising; per the headline, the laws of supply and demand still hold. The new regulations in NYC were about reducing the price of long-term housing, not short-term stays.
Re: Airbnb CEO: NYC hotels will get more expensive after short-term rental crackdown
#6Well I’ll be sure to think about that as I am having the first full night of sleep that isn’t interrupted by French tourists buzzing every door in the building at 3AM every night.
Re: Airbnb CEO: NYC hotels will get more expensive after short-term rental crackdown
#7OTOH fewer people will show up to listings for non-existent locations or locations that aren't owned by the fraud who listed it.
Re: Airbnb CEO: NYC hotels will get more expensive after short-term rental crackdown
#8I seriously doubt hotels will get more expensive as they still have to compete with each other. I would say Airbnb has never had any influence on hotel pricing in NYC. That being said, I tried Airbnb in NY a few times and it was absolutely disgusting. In most places Airbnbs will be a bit dirtier than a hotel but in NY it wasn't even close. Rats, cockroaches, showers that don't drain, grime everywhere... After a few e…
Can confirm— stayed in a flat in Brooklyn and it was gross. Bathroom worked but the kitchen was full of roaches. Anything not sealed had to go straight in the fridge.
Re: Airbnb CEO: NYC hotels will get more expensive after short-term rental crackdown
#9I seriously doubt hotels will get more expensive as they still have to compete with each other. I would say Airbnb has never had any influence on hotel pricing in NYC. That being said, I tried Airbnb in NY a few times and it was absolutely disgusting. In most places Airbnbs will be a bit dirtier than a hotel but in NY it wasn't even close. Rats, cockroaches, showers that don't drain, grime everywhere... After a few e…
Supply and demand. Fewer AirBnB's mean more will use hotels who will otherwise use AirBnB, leading to hotels increasing their prices, even though they compete with each other.
Re: Airbnb CEO: NYC hotels will get more expensive after short-term rental crackdown
#10Yeah and on the flipside the price of rent will go down.
A weird quirk of America is that we are so obsessed with tourism that we are willing to sacrifice quality of life for people who live in one place, for the benefit of a bunch of people who visit for 3-4 days.
This is the peak of that thinking.