Airbnb has “tremendous disruptive reach” claims association boss
New York City hotels have blamed Airbnb’s operations for a loss of $2.1 billion to the lodging industry and the broader economy of New York City over the course of the last year.
In a new report released by the Hotel Association of New York City titled ‘Airbnb and Impacts on the New York City Lodging Market and Economy’ a wide range of impacts on the city’s lodging industry are listed. “These impacts exist due to the existence of the Airbnb lodging alternatives present in the market,” claims the report.
To read the full article, please follow this link to the website of our media member Conference and Travel Publications Ltd.