The city is bustling with tourists like never before. New York City welcomed a record 60.3 million visitors last year, making 2016 a banner year for tourism in the Big Apple: for the first time, the total number of city visitors exceeded 60 million. The rapid growth of tourism is also reflected in an increase in the number of new hotels and rooms available built in NYC. “In 2015, New York City had more than 107,000 hotel rooms, 48 percent more than in 2006. The industry plans to add another 26,500 rooms by the end of 2019”. On top of that in the recent years, the Short-term rental companies like Airbnb have flooded the market with rental options, not previously available for tourists.
Source: Hospitality Net
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