The hotel industry won big when New York City effectively banned short-term home rentals in 2023. By last September, the average hotel room rate soared to a record-breaking $417 per night, pushing the cost of a weeklong stay to $2,919. That’s 67 percent more than what the average American pays in rent. At that price, you’d expect the […]
Author Archives: Adam Kovacevich
Adam Kovacevich is CEO and Founder of the Chamber of Progress (progresschamber.org), a new center-left tech industry policy coalition promoting technology's progressive future. He wrote this for InsideSources.com.
