A new study commissioned by the American Hotel and Lodging Association (AH&LA) and conducted by Pennsylvania State University, has found that Los Angeles could potentially collect $41 million p.a. if the city’s Airbnb operators paid taxes on rooms, tourism fees and assessment charges, like hotels. The study also showed that 22% of LA's Airbnb operators let homes for at least 180 days p.a. while 4% offered year-round rentals, with Venice, Echo Park, Silver Lake and West Hollywood showing the highest numbers of Airbnb operators. The AH&LA is pushing for greater legal regulation of Airbnb and other home-sharing websites. Airbnb claims it is working with LA officials to establish a new method of passing on taxes to the city.
A new study commissioned by the American Hotel and Lodging Association (AH&LA) and conducted by Pennsylvania State University, has found that Los Angeles could potentially collect $41m p.a. if the city’s Airbnb operators paid taxes on rooms, tourism fees and assessment charges, like hotels. The study also showed that 22% of LA's Airbnb operators let homes for at least 180 days p.a. while 4% offered year-round rentals, with Venice, Echo Park, Silver Lake and West Hollywood showing the highest numbers of Airbnb operators. The AH&LA is pushing for greater legal regulation of Airbnb and other home-sharing websites. Airbnb claims it is working with LA officials to establish a new method of passing on taxes to the city.