marylander1940 Posted September 20, 2023 Share Posted September 20, 2023 (edited) The hotel lobby has won the battle... but will they win the war and go back to competing with Airbnb? Airbnbs in NYC are disappearing. Here's what could happen to hotel prices WWW.CNBC.COM Hotel prices likely to rise in New York City, so travelers should book "sooner rather than later," said Kevin Davis, CEO of JLL Hotels & Hospitality's Americas. Edited September 20, 2023 by marylander1940 + Vegas_Millennial 1 Link to comment Share on other sites More sharing options...
soloyo215 Posted September 20, 2023 Share Posted September 20, 2023 I used to live in Styvy Town, an apartment complex in the lower east side of Manhattan. When AirBnB started, there were people who started making money renting their rooms instead of having roommates. The management of the complex prohibited AirBnB rentals almost immediately. NYC seems to be obsessed with keeping it to be a city of the rich, so it's no surprise to me that anything that can help people make money will be quelled. I think AirBnB is a good alternative for budget travelers. And in may other cities, it coexists well with the hotel industry without major repercussions. In May this year I rented a hotel room in midtown. I paid for 4 days more than what I pay for any all-inclusive resort for 15 days anywhere else. The room could not be smaller and the facilities more minimized. All I needed was a place to stay, as many people did during that time attending graduations, not interested in using the hotel amenities. AirBnB (actually, there's also a gay-men version, MrBnB) would have been a feasible option. I personally think that both industries can coexist, with regulations on both. + Axiom2001 and marylander1940 2 Link to comment Share on other sites More sharing options...
+ Pensant Posted September 21, 2023 Share Posted September 21, 2023 In the past, I always stayed at a nice hotel in Jersey City and simply took the Port Authority subway into Manhattan. That way I saved a bundle so I had more to spend on providers. marylander1940, + WstVlgChris, + robear and 1 other 4 Link to comment Share on other sites More sharing options...
maninsoma Posted September 21, 2023 Share Posted September 21, 2023 Airbnb in good in theory, but there were a lot of abuses: 1. People removing long-term rental housing from the market by converting apartments into makeshift hotel rooms. 2. Increased traffic in apartment buildings with no doorman or other security other than locks on the doors results in increased threats to residents. 3. Depending on the sensibleness of the "host," they may create a nuisance such that the other neighbors in the building no longer have "quiet enjoyment" of their residents. That's what happened to me. My upstairs neighbors turned their small 1-bedroom apartment into a flop house where 4-6 people stayed at a time, mostly younger people visiting the city to "party." This meant that in the early evening it was always incredibly noisy in my apartment, and then around the time the bars closed I would be awakened and there would be noise for a couple of additional hours. I kid you not that I probably only got 3 hours of sleep per night during that period until they were evicted (which happened because I did some investigative work and outed them to the landlord). Speaking of which -- it takes some nerve to take someone else's investment property and turn it into your own without consent of the property owner. They were basically greedy in the extreme and did not care that their actions were causing problems for anyone else because they were probably making $2,000 per month over their rent by renting it out on a nightly basis. I have stayed in some Airbnbs, but I am not an unreasonable guest like the ones I had most of the time in the unit above mine. I don't have people over who aren't on the rental agreement. I abide by the host's rules (don't exceed the maximum number of guests). I don't make a lot of noise at any time of day, but particularly early morning or in the middle of the night. MscleLovr, + augustus, pubic_assistance and 7 others 6 1 3 Link to comment Share on other sites More sharing options...
soloyo215 Posted September 21, 2023 Share Posted September 21, 2023 1 hour ago, maninsoma said: Airbnb in good in theory, but there were a lot of abuses: 1. People removing long-term rental housing from the market by converting apartments into makeshift hotel rooms. 2. Increased traffic in apartment buildings with no doorman or other security other than locks on the doors results in increased threats to residents. 3. Depending on the sensibleness of the "host," they may create a nuisance such that the other neighbors in the building no longer have "quiet enjoyment" of their residents. That's what happened to me. My upstairs neighbors turned their small 1-bedroom apartment into a flop house where 4-6 people stayed at a time, mostly younger people visiting the city to "party." This meant that in the early evening it was always incredibly noisy in my apartment, and then around the time the bars closed I would be awakened and there would be noise for a couple of additional hours. I kid you not that I probably only got 3 hours of sleep per night during that period until they were evicted (which happened because I did some investigative work and outed them to the landlord). Speaking of which -- it takes some nerve to take someone else's investment property and turn it into your own without consent of the property owner. They were basically greedy in the extreme and did not care that their actions were causing problems for anyone else because they were probably making $2,000 per month over their rent by renting it out on a nightly basis. I have stayed in some Airbnbs, but I am not an unreasonable guest like the ones I had most of the time in the unit above mine. I don't have people over who aren't on the rental agreement. I abide by the host's rules (don't exceed the maximum number of guests). I don't make a lot of noise at any time of day, but particularly early morning or in the middle of the night. Abusive, loud guests and poor management happen in hotels too. Even unsafe conditions. I've been to hotels that are unsafe and terrible, and they are formal hotels. Furthermore, building owners are the ones converting the long-term rentals into short-term, not allowing their tenants to do it, and no, it's not better (always) managed by the owners. Not allowing AirBnB does not solve any of those nuances. pubic_assistance, marylander1940 and + Vegas_Millennial 1 1 1 Link to comment Share on other sites More sharing options...
MikeBiDude Posted September 21, 2023 Share Posted September 21, 2023 1 hour ago, soloyo215 said: Abusive, loud guests and poor management happen in hotels too. Yes, but with better and more available security personnel. + augustus, + Lucky, pubic_assistance and 2 others 3 1 1 Link to comment Share on other sites More sharing options...
+ DynamicUno Posted September 21, 2023 Share Posted September 21, 2023 I think the blush came off the rose with AirBNB when larger numbers of people (or often businesses) started buying properties specifically short term rentals. The platform which used to be majority homeowners with a one or two properties they kept up with pride changed to arms length transactions with a faceless owner or property manager. Add to that the growth of cleaning fees that add substantial costs, hosts with lengthy chore lists, misrepresented properties, and sketchy host behavior. Suddenly the value proposition for Airbnb is less attractive than it once was for many travelers. Why put up with the quirks and compromises of non hotel property when you have to to clean everything, do laundry, and still pay a cleaning fee that brings up the costs to the same level as a hotel stay? + robear, liubit, BonVivant and 1 other 3 1 Link to comment Share on other sites More sharing options...
+ DynamicUno Posted September 21, 2023 Share Posted September 21, 2023 1 hour ago, marylander1940 said: I started reading your post and thought you wanted to ban Airbnb... later on I realized you're ok with it within reasonable and considerate renters like yourself. Other replies make me think of infamous NIMBY! While NIMBY types are a factor, the land rush of investors buying up property to hold as short term rental got out of hand. A friend of mine bought a condo in Midtown Atlanta and tells me how his floor would feel often abandoned because so few units were owner-occupied. He found out that one firm bought about 10% of his building right when it opened units up for sale under nearly a dozen different LLCs, and they held them empty for a time before engaging a management firm to list them on AirBNB under several different accounts. Once they started listing them they had issues with guests leaving trash in the hall, throwing loud parties, letting kids use the facilities unsupervised, etc. The condo association was still run by the builder, so the homeowners that were actually living there had to get a lawyer to send a letter demanding they enforce the occupancy clauses on their building rules against the investment firms that were hiding behind the LLCs. pubic_assistance, + Vegas_Millennial, + robear and 2 others 2 3 Link to comment Share on other sites More sharing options...
56harrisond Posted October 11, 2023 Share Posted October 11, 2023 New York’s Airbnb Ban Is Descending Into Pure Chaos | WIRED WWW.WIRED.COM People are listing short-term rentals on social media and lesser-known platforms, bolstering a rental black market in New... New York’s Airbnb Ban Is Descending Into Pure Chaos People are listing short-term rentals on social media and lesser-known platforms, bolstering a rental black market in New York City. + Cash4Trash 1 Link to comment Share on other sites More sharing options...
Bokomaru Posted October 11, 2023 Share Posted October 11, 2023 This thread seems to focus mostly on quality of life issues it causes. Let me tell you something, there are two NYC’s. Those who have rent stabilization or subsidized housing and those who pay market rate. Those who pay market rate are paying based on constricted supply because of the large number of places that aren’t market rate. AirBnB lets people run mini-hotels without regulation and in the process further lessens the housing supply of this city. If you can’t afford to legally rent a place here, then you can’t afford to visit. Tourists should not be getting (illegal) cheaper places to stay at the cost of further restricting our housing supply. + Lucky, pubic_assistance, BonVivant and 5 others 1 1 6 Link to comment Share on other sites More sharing options...
Stormy Posted October 16, 2023 Share Posted October 16, 2023 I rented a two story apartment last Christmas in NYC on Airbnb for 8 people. There is no way I could have afforded a hotel for this many people. This is regulation gone amuck marylander1940 and MikeBiDude 1 1 Link to comment Share on other sites More sharing options...
+ Coolwave35 Posted October 17, 2023 Share Posted October 17, 2023 On 9/21/2023 at 3:43 PM, DynamicUno said: hosts with lengthy chore lists, I rented a place in the Berkshires last Winter. It was beautiful. One of the chores was, upon checkout, you had to take their town dump pass, drive 2.5 miles out of the mountains to the dump, get rid of your sorted garbage, then drive the dump pass back to the house. I told them I’m not doing that, and to spring for residential trash collection. BonVivant and KeepItReal 1 1 Link to comment Share on other sites More sharing options...
BonVivant Posted October 22, 2023 Share Posted October 22, 2023 The Airbnb crash has just started; it’s Going to collapse along with the larger owner occupied and Multi-fam market. 8% 30 year mortgages will do that. + augustus 1 Link to comment Share on other sites More sharing options...
marylander1940 Posted October 23, 2023 Author Share Posted October 23, 2023 On 10/22/2023 at 9:36 AM, BonVivant said: The Airbnb crash has just started; it’s Going to collapse along with the larger owner occupied and Multi-fam market. 8% 30 year mortgages will do that. The Airbnb crash is also because of hotels lobbying against competition! It's unfortunate that Silicon Valley companies haven't learned how the game is played... Link to comment Share on other sites More sharing options...
marylander1940 Posted October 23, 2023 Author Share Posted October 23, 2023 On 10/17/2023 at 5:12 AM, Coolwave35 said: I rented a place in the Berkshires last Winter. It was beautiful. One of the chores was, upon checkout, you had to take their town dump pass, drive 2.5 miles out of the mountains to the dump, get rid of your sorted garbage, then drive the dump pass back to the house. I told them I’m not doing that, and to spring for residential trash collection. I hope you didn't burn the trash or bury it in the backyard! 😂 Link to comment Share on other sites More sharing options...
+ Axiom2001 Posted October 23, 2023 Share Posted October 23, 2023 I've rented Airbnb's in Berlin, Barcelona, Buenos Aires, Los Angeles, and Rio de Janeiro. All were reasonably priced and well-appointed, excepting the one that I had in L.A. I hope to continue to use its services during my future travels. ...too bad about the recent troubles/problems that have occurred in the City of New York. + azdr0710, MikeBiDude and marylander1940 3 Link to comment Share on other sites More sharing options...
+ Coolwave35 Posted October 24, 2023 Share Posted October 24, 2023 12 hours ago, marylander1940 said: I hope you didn't burn the trash or bury it in the backyard! 😂 Waitttt. Did I tell the story about the time I did that???? Link to comment Share on other sites More sharing options...
+ ThroatCummer Posted October 24, 2023 Share Posted October 24, 2023 They're all on the black market now. Remember when banning alcohol stopped people from drinking in the 1920s? lol NYC Ban On Airbnb Created Massive Black Market In Home Rentals - View from the Wing VIEWFROMTHEWING.COM When you make a product or service illegal that doesn't mean it goes away, it's just no longer legal. See also drugs, prostitution. And that brings with it a whole host... Link to comment Share on other sites More sharing options...
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