In a surprising turn of events, Marriott International is suing one of its franchisees, Pride Hotel LLC, for converting their hotel in Queens, New York into a migrant shelter without prior notification. The partnership with New York City resulted in every room being filled, with reports suggesting the city paid up to $300 per night, significantly higher than the average room rate of $156. Marriott is seeking $2.6 million in damages for the breach of contract, claiming the arrangement caused “significant harm” to the establishment.
Many were under the impression that hotels offering shelter to migrants were doing so out of goodwill, but the reality is that these establishments were being paid by Sanctuary Cities using taxpayer funds. In New York City alone, an estimated $4.88 billion in taxpayer money has been spent on illegals in recent years, with up to $2 billion designated for migrant shelters. Shockingly, about 80% of these shelters were hosted by hotels, raising questions about the allocation of funds and resources.
While resources are being directed towards accommodating migrants, the issue of homelessness among veterans and citizens remains unaddressed. Sanctuary Cities continue to advocate for open border policies, leading to budgetary strains and widespread societal implications. With no concrete solutions in sight, the migrant crisis in New York City is expected to worsen unless significant policy changes are implemented.
At Extreme Investor Network, we delve deeper into the economic impact of immigration policies and government spending on migrant accommodations. Stay informed with our analysis and insights on current issues shaping the financial landscape. Join us as we explore the intersection of economics, politics, and social policies to provide you with a comprehensive understanding of the trends shaping our world today.