In 2022, New York City enacted a de facto ban on short-term rentals (e.g. Airbnb). Consequently, hotels’ average daily rates increased by $14-19 per night and the revenue of the hotel industry inc... (www.sciencedirect.com)

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The original was posted on /r/science by /u/smurfyjenkins on 2025-08-22 02:06:36+00:00.

Original Title: In 2022, New York City enacted a de facto ban on short-term rentals (e.g. Airbnb). Consequently, hotels’ average daily rates increased by $14-19 per night and the revenue of the hotel industry increased by roughly $2.1-2.9 billion over the first eighteen months following the ban.

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this post was submitted on 22 Aug 2025

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