Insight
Cities nationwide 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 a staggering $935M in STR fees, taxes, and fines since 2019. This highlights the significant financial impact of short-term rentals on local governments and underscores the importance of host compliance with regulations.
Key takeaway