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.