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Local Law 18

2 stories · First covered Mar 12, 2026 · Latest 4d ago
Local Law 18 Coverage
NYC Kept Airbnb Locked Out for the World Cup. Hotel Operators, This Is Your Window.

NYC Kept Airbnb Locked Out for the World Cup. Hotel Operators, This Is Your Window.

New York City just refused to lift its short-term rental restrictions for the FIFA World Cup, removing roughly 20,000 Airbnb listings from the supply equation during the biggest event the city has hosted in decades. If you're running a hotel in the metro area and you haven't repriced your June and July inventory yet, someone else already has.

New York's Hotel Math Has a Borough Problem Nobody Wants to Price

New York's Hotel Math Has a Borough Problem Nobody Wants to Price

Manhattan RevPAR climbed 7.1% in the first half of 2025 while outer borough segments dropped up to 4.4%. Same city, two completely different P&Ls.