Operating AirBnB in a place like NYC is far more profitable than renting out long term for multiple reasons. For one, AirBnB charges have to only beat hotel pri

Operating AirBnB in a place like NYC is far more profitable than renting out long term for multiple reasons. For one, AirBnB charges have to only beat hotel prices to be an attractive alternative and that is easy because hotels are subjected to various extra fees, taxes and regulations. Also, one has higher budget while traveling for per-night accommodation compared to monthly rents (compare 150$ hotel room vs 4500$ monthly rental apartment). Third, you have to "tolerate" even the worst of AirBnB guests only for a few days and AirBnB covers insurance for truly worst cases, whereas once you are locked into a tenant in a tenant-friendly city like NYC (or SF), you are screwed for longer term.