Article - Airbnbs in NYC Are Disappearing. Here s What Could Happen to Hotel Prices - CNBC - Many Airbnb users with bookings in New York City this Christmas are scrambling to find new accommodations.
Hotel prices likely to rise in New York City, so travelers should book “sooner rather than later,” said Kevin Davis, CEO of JLL Hotels & Hospitality’s.
Hotel prices likely to rise in New York City, so travelers should book "sooner rather than later," said Kevin Davis, CEO of JLL Hotels & Hospitality's Americas.
More than 75% of Airbnb’s short-term rentals have vanished from the Big Apple following a tough city crackdown on the home-sharing site, according to a report.