CRAIN’S NEW YORK : New York hotel rates soar amid Airbnb crackdown and migrant crisis

In early September, Host Hotels & Resorts said that because of the wildfires in Maui its three hotels on the island would be closed to guests until the middle of this month and net income for August from the properties would fall by $5 million. Yet only eight days after that unfortunate news, the company had something happier to announce: Its quarterly dividend to shareholders would be 20% higher than the prior 90-day period and 50% more than a year ago.

https://www.crainsnewyork.com/real-estate/new-york-hotel-rates-soar-amid-airbnb-crackdown-and-migrant-crisis

Copyright 2016 HANYC – Hotel Association of New York City, Inc. | All Rights Reserved | Terms of Use | Privacy Policy

HANYC is delighted to invite you to a Roundtable Discussion of the trends most likely to impact New York City’s hotel industry in 2025 and beyond. There will be networking immediately following the Roundtable Discussion with wine, beer and light bites served.

 

Powered by Mastercard, this highly interactive discussion will feature unique views of:

  • Travel Recovery – How has the return to travel has been effected by the new post pandemic normal?
  • NYC Benchmarks – How is NYC incoming travel fairing in comparison to comparable destinations?
  • Tourist Spend – How (and where) do travelers spend in NYC?
  • Outlook — What should we expect for the coming months and year?
  • New trends shaping hospitality – How do consumers view amenities, technology and loyalty in the coming years?

 

Please RSVP through this link:

RSVP