Big question marks for New York City’s hotel industry as migrant shelter era winds down - cityandstateny.com
Summary
This article discusses potential challenges for New York City's hotel industry as the migrant shelter program winds down. The shift could impact occupancy and revenue for hotels, which might affect the broader rental market. Hosts in NYC should monitor the market closely.
Key Insights
- •The article highlights potential shifts in the hotel industry due to changes in migrant shelter programs.
Action Items
- ✓Monitor local market trends to understand the potential impact on occupancy and revenue in your area.Effort: lowImpact: medium
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