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Employing a one-way fixed-effects spatial Durbin model, it can be concluded that demand is price-inelastic for Airbnb accommodation in New York City, which is a luxury good, and that the city's traditional accommodation industry as well as neighboring Airbnb listings are substitutes for the ...
From the glossy avenues of the Upper East Side to the charming streets of Tribeca, these are the best neighborhoods and hotels to stay at in New York City. We’ve compiled this list based on firsthand experience, editor-loved properties, and T+L award-wi
There isn't a lot in the way of budget accommodation in New York City, but here are a few spots that were recommended by readers. The Pod 51 in Midtown East. The rooms are small and cozy, perfect for one. US$179/night. The Jane in the Meatpacking district (north west Village) was...
Airbnb Agrees to Give New York Anonymized User Data— Airbnb, which has already taken down 2,000 accommodation listings in New York from “bad actors,” agreed to warn all new and old hosts in the state that they may be breaking hotel laws. — It was part of an agreement in which th...
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During its expansion, Airbnb has faced push back from regulators. Some of it was spurred on by the hotel industry, which felt threatened. In 2016, the Federal Trade Commission began investigating how Airbnb affects rising housing costs. That same year, New York passed a law to fine Airbnb...
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This report presents a range of statistics and facts about the tourism industry in New York. It includes information on the economic impact of tourism in New York, visitation, visitor spending, attractions, sporting events, accommodation, including a spotlight chapter on Airbnb, and more. ...
To give you a better grasp or prices, a bargain probably still means $100 a night for an apartment onAirbnbor double room in a hotel. Anything less than $900 for a week is considered a “cheap” deal. My best tip for accommodation inNew York Cityis to monitor the prices constantly....