NYC hotel prices soar nearly 20% after Airbnb ‘ban' gives tourists no other option

Holiday travelers flooding into New York have no other option than to book a hotel room following the city’s clampdown on Airbnb this fall — pushing hotel room rates to new heights.According to Trivago’s Hotel Price Index, the average room is currently going for $529 per night — up nearly 20% from November, when the average nightly rate was $452 as tourists flocked into town for the Macy’s Thanksgiving Day Parade.The figure also marks a roughly 8% advance from last December, when nightly rates averaged $49 ...