aidan,

Hotels in NY and other cities need competition, smaller scale land owners renting their condos while on vacation, or their parents home that they wouldn’t sell anyways is perfectly fine. Hotels take up a lot of land and often have many vacancies so that is just as much of a problem, and yes tenants can longer term live in hotels- I lived in a hotel for around 7 months because it was cheaper than an apartment(not paying the market price but just talked to the manager) during COVID, many(maybe most) nights I was the only person in the building. Prices are a supply issue which existed long before Airbnb but it’s just easy to blame.

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