New York City room rates skyrocket during peak of holiday season | Video
03:28 Min
Visitors are once again flocking to New York City, with tourist numbers over the holiday period getting close to pre-COVID levels. But that increase in demand saw a bump in hotel prices, with a room costing travellers, on average, more than US$500 per night. As William Denselow reports, some say this is a result of the city’s tightening regulations on short-term rentals.
12 Jan 2024 10:40pm
Visitors are once again flocking to New York City, with tourist numbers over the holiday period getting close to pre-COVID levels. But that increase in demand saw a bump in hotel prices, with a room costing travellers, on average, more than US$500 per night. As William Denselow reports, some say this is a result of the city’s tightening regulations on short-term rentals.
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