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Daily Lodging Report
Following a decade of historic growth, NYC hotel supply is expected to grow at an average annual rate of 1.6% over the next three years.
2 months ago
Short-Term Rentals
It's good times for Airbnb hosts in two New Jersey cities within an easy mass transit commute of NYC.
Dennis Schaal | 3 months ago
In 2023, the U.S. hotel industry posted its best results since 2019, with New York City experiencing the highest levels in each of the three key performance metrics: Occupancy: (+8.8% to 81.6%), ADR (+8.5% to $301.22) and RevPAR (+18.1% to $245.77).
3 months ago
New York City's Office of Special Enforcement is getting a handle on the host registration process, but it is cumbersome.
New York City's defacto short-term rental ban is harsh. Hopefully, the city will revisit the law to strike a more balanced approach.
Airbnb's Host Clubs don't solely exist to enlist in local regulatory campaigns. But in the past, the company's public policy team has been heavily involved in their operations, and will be in the future.
Dennis Schaal | 4 months ago
Verifying listings has not been a top priority for Airbnb over the years. But trying to root out fake listings through verification measures is high on the agenda for 2024. The effort would leak into 2025 at a minimum.
Dennis Schaal | 5 months ago
Airbnb could be seen as a victim of its own success – with guests, hosts and cities all taking aim. But it’s done rebuilding, and focusing on moving forward.
Sarah Kopit | 6 months ago
Today's podcast discusses Airbnb's hotel idea, Hilton's timeshare deal, and Egypt's tourism drop.
Rashaad Jorden | 6 months ago
Hotels
Diluting its short-term rental business is one thing Airbnb won't need to worry about if it indeed increases its hotel offerings in New York City.
Dennis Schaal | 6 months ago