Insight
Industry estimates suggest there are approximately 30,000 short-term rentals in the city, with 26,000 of those listed on Airbnb.
Cape Town regulators crack down on short-term rental taxes
Summary
Cape Town is cracking down on short-term rental tax loopholes, aiming to tax commercial STRs at the commercial rate instead of residential. The proposal won't affect hosts renting out rooms. Estimates show 30,000 STRs exist, with 26,000 on Airbnb. Stakeholder engagement and a national registry are in development.
Key takeaway