Airbnb Hurt by NY Ban on Short Term Rental Ads

Airbnb Hurt by NY Ban on Short Term Rental Ads

Source: New York votes to ban ads for whole apartments on Airbnb According to Engadget Airbnb is not at all happy with the recent ruling by New York to  “make it illegal just to advertise your entire place for a short (under 30 days) rental. You’ll face a $1,000 fine the first time you’re caught, […]

New Study Confirms Airbnbs Negative Impact on Hotel Industry

New Study Confirms Airbnbs Negative Impact on Hotel Industry

Report  conducted by HVS Consulting & Valuation, a leading hospitality consulting firm, and was commissioned by the Hotel Association. NY City Study by HVS As they say: “Hotels are labor-intensive operations that generate significant employment opportunities for a community. By removing demand from the market, and the need to service those rooms, so too are […]