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Travel Discussion
Reply to "NYC avg nightly hotel rate hits record high: $417/night"
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[quote=Anonymous]I work for a hotel company. Revenue management is doing its job well. NYC and especially Manhattan still has incredible demand, so the price should be higher to make a profit. We don’t run a charity. The limit on Airbnbs is also a factor. Just know that every hotel market isn’t like this, and that it wasn’t like this from 2020 to about mid 2022. [/quote]
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