[nostromo]

NYC is housing migrants in hotel rooms that it pays for.

https://www.morningstar.com/news/marketwatch/20230926176/hou...

Some hotels are charging the city $300 a night.

https://www.bloomberg.com/news/articles/2023-06-09/nyc-migra...

A billion here, a billion there... pretty soon you're talking real money.

[lapphi]

Why does it cost so much? Seems strange that the city is unable to negotiate better rates if these hotels are struggling

[gosub100]

Wonder why they don't include AirBnB in that? Oh, yeah, I forgot, they're totally not a hotel, right?

[nostromo]

AirBNB is all but banned in NYC.

So the hotels are full of migrants, not tourists, and there are few other options, which further hurts the local economy.

[woodruffw]

Tourism numbers are rapidly approaching pre-pandemic highs[1], with the main inertia being Asian tourism, not a lack of hotel availability.

The city really shouldn't be attempting to house migrants in midtown Manhattan, but doing so isn't actually appearing to hurt tourism numbers.

[1]: https://www.thecity.nyc/2023/09/05/tourists-china-hotel-rate...