Share and Follow
-
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.