Puerto Rico sees push for tigher regulations on short-term housing rentals, report says
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  • Gossett noted that the study found a consensus that short-term rentals can be important for the island, and said the foundation is not seeking a ban on them.

    A day before the report was released, Airbnb issued a statement saying it supports the “inclusive regulation” of short-term rentals, which will have to be registered by early June if they’re operating in the capital of San Juan.

    Airbnb, which has generated more than $70 million in room tax revenues for Puerto Rico and is behind the majority of the increase in short-term rentals, also had backed a bill that called for allocating 5% of room tax revenues to municipalities. Legislators voted against it in a move that some blamed on a “power game” among lawmakers.

    Meanwhile, another bill is pending before legislators that would create a regulatory framework for short-term rentals at a national level. Given the lack of such a framework, the room tax is collected from Airbnb and other companies under an agreement with Puerto Rico’s Tourism Company.

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