Airbnb CEO, Brian Chesky, has warned travelers that hotel rates in New York City are likely to increase following a “de facto ban” on Airbnb in the city. The restrictions on Airbnb in the city limit stays to two guests and require the host to be present for stays shorter than 30 days. Chesky believes that the loss of many Airbnb listings will result in more expensive hotel rates next year. He also highlighted the company’s efforts to disclose hidden fees and discussed the potential impact of artificial intelligence on the travel industry. It should be noted that Chesky did not specifically blame the hotel industry for the Airbnb crackdown in New York City, but he did suggest that there was involvement from its lobbying groups.
https://thepointsguy.com/news/airbnb-new-york-city-ban/