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El Paso to Tax Short-Term Rentals, Boosting Tourism Funding

KVIAGabrielle Lopez
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The City of El Paso will implement Hotel Occupancy Taxes (HOT) on short-term rental properties, such as those listed on Airbnb and VRBO, to enhance funding for tourism initiatives. This new tax is projected to generate approximately $3.5 million annually, which will be allocated exclusively for tourism-related purposes as mandated by Texas law. The tax collection is set to begin between 90 to 180 days after its adoption. City representatives emphasize the importance of this measure in capturing visitor-generated revenue while supporting local residents and small business owners involved in the short-term rental market. The additional funds will aid in maintaining the Convention Center, supporting local arts, and improving tourism facilities.

Key Details: • HOT collection will start within 90 to 180 days after adoption. • Estimated annual revenue from the tax is $3.5 million. • Funds will be used for tourism, arts, and infrastructure improvements. • Airbnb revenue alone is projected to reach $23.7 million by 2026.

city-council tourism short-term-rentals airbnb hotel-tax

People & Organizations

El PasoCity of El PasoChris CanalesArt Fierro

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