Corporate travellers are switching from the East to the West Coast with demand for US West Coast corporate housing across key locations including California, Washington, Seattle and Silicon Valley rising by 44% YOY for the last quarter. At the same time, ongoing legislation changes and uncertainty ahead of the upcoming mayoral election scheduled for November coupled with average daily rate (ADR) rising 41% YOY for the last quarter, are also impacting the decline in corporate demand for New York.