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Journey Data

There are about 50,000 Airbnb listings in the City (its largest U.S. market), equivalent to virtually 40 % of the lodge room inventory. Short-term rental market listings declined 11 percent by way of September 2020. More than eighty p.c of complete short-term rental listings before and through the pandemic have been in Manhattan and Brooklyn. Prior to the pandemic, concerns had grown over the availability created by these rentals and their impact on ADR, in addition to their fee of required lodge taxes and charges. The second-highest focus is in Queens, with 24 p.c of tourism employment. The Astoria & Long Island City area had the highest share of whole employment in tourism-related industries, at 19.0 percent.

Ozturk Coskun

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