SALES AND DISTRIBUTION

New study confirms Airbnb’s negative impact on hotel industry

Airbnb’s operations had a negative impact of $2.1 billion on the lodging industry and the broader economy of New York City over the course of the last year, according to a new report released by the Hotel Association of New York City.

Source: New study confirms Airbnb’s negative impact on hotel industry

Published by Prof. Dr. Mihir Nayak

Prof. Dr. Mihir Nayak is an award winning Hotelier, Travel Journalist, Author and Professor. A graduate of the Salzburg Tourism School, he worked in Europe for 8 years before opening his first Hotel.

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