6 Months After New York Banned Airbnb, New Jersey Is Doing Great

Since New York banned Airbnb rentals for stays of less than 30 days in early 2020, many travelers have turned to neighboring New Jersey for their short-term accommodation needs.

New Jersey’s tourism industry has seen a significant boost as a result, with hotels, bed and breakfasts, and other lodging options experiencing increased bookings and revenue.

One key factor in New Jersey’s success has been its more lenient regulations on short-term rentals compared to New York. While New York’s ban was aimed at combating housing shortages and rising rents, New Jersey has embraced the economic benefits of Airbnb and other similar platforms.

Local businesses in New Jersey have also benefited from the influx of tourists, with restaurants, shops, and attractions seeing an uptick in customers and sales.

Overall, 6 months after New York banned Airbnb, New Jersey is thriving in the short-term rental market and reaping the rewards of its more welcoming approach to travelers.