the staff of the Ridgewood blog

New York NY, New York City is experiencing its first Christmas season without Airbnb, and the cost of accommodations is on the rise. In September, the city implemented a stringent short-term rental policy that essentially excluded Airbnb, providing benefits to renters but limiting choices for tourists. Expedia Group reports a 25% year-over-year increase in hotel searches this month, with average nightly rates reaching $477, compared to last year’s still-high $416.

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