Insight
Cities have collected $935 million in fees, taxes, and fines related to short-term rentals since 2019.
Analysis finds cities collected $935M in short-term rental fees, taxes and fines since 2019
Summary
Cities have collected an impressive $935M in fees, taxes, and fines related to short-term rentals since 2019. This significant revenue highlights the substantial impact of STRs on municipal finances and the increasing regulatory landscape hosts must navigate.
Key takeaway