NYC avg nightly hotel rate hits record high: $417/night

[Anonymous]

Anonymous wrote:It’s also an issue of supply and demand. NYC cracked down on AirBnBs, some hotels are being used for migrants and the city made it harder to build new ones.

This. Something’s gotta give!

[Anonymous]

Been a long time since I found a room worth staying in that was under $1,000/ night after taxes.

[Anonymous]

Anonymous wrote:I am glad NYC cracked down on Airbnbs. My neighbors ran an illegal one, didn't need strangers in the building all day long.

Rents are ridiculous, the priority should not be people visiting for a week.

Ditto.