NYC hotel rates reach record highs as city fills available rooms with illegal immigrants.
The cost of hotel rooms in New York City has increased by 8.5 percent after the local government turned hotels into shelters to provide temporary housing for so-called asylum seekers, forcing the availability of rooms to decrease and prices to go up.
In 2022, New York City signed a $980 million contract with HANYC, the Hotel Association, for the "Sanctuary Hotel Program," which pays hotels that agree to shelter migrants.
According to CoStar, a commercial and residential real estate provider, the average rate of hotel rooms in the city has increased from $277.92 in 2022 to $301.61 in 2023.
The city lost 16,532 hotel rooms to the shelter program, leaving only 121,677 rooms for travelers.
The crackdown on short-term rentals, aggressively supported by the hotel industry and the hotel workers union, has driven up demand for hotel rooms.
Swanky Hotel Le Jolie in NYC converted into shelter for ILLEGALS. NYC Mayor Eric Adams warns illegal immigrants will DESTROY the city.
https://www.naturalnews.com/2024-05-31-new-york-hotel-rates-rooms-filled-migrants.html
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