Given the size of Manhattan, there is demand for short term rentals throughout the many neighborhoods of the beautiful city. In neighborhoods with less demand, there tends to be a balancing effect of lower supply, ensuring consistent occupancy no matter where or when a host is renting. Demand in the downtown core is always the strongest due to proximity to restaurants, activities, and sites. Due to the lack of hotels outside of the downtown core, hosts in neighborhoods not traditionally known for tourism offer a great hotel alternative on sites like Airbnb and experience strong occupancy.

The Manhattan short term rental market is a seasonal market due to variability in travel demand throughout the year. The strongest months of the year are between May to October, with the summer months being the busiest time. The summer demand is generated by increased tourism, conferences, and events. Hosts renting their homes in the winter months may decide they want monthly executive rentals to provide stable monthly income and occupancy due to lower tourism demand.

The City of Manhattan requires that Airbnb and all other short-term rental platforms obtain your consent to share your hosting and listing data with the City. If you don’t want to share your hosting and listing data with the City, you can always switch to hosting 30 nights or longer which are exempt from data-sharing. For any questions about the Manhattan vacation rental license you can visit the city’s website or contact us.