Airbnb says they’re the largest collector and remitter of tourism taxes by short-term rental platforms in the world. According to a company release, Airbnb says it has collected and remitted more than $1.9 billion in tourism taxes across all 50 states in the US (including D.C. and Puerto Rico). This figure is approximately 27% higher than 2021. In Canada, they collected and remitted over C$177 million in 2022, including nearly $70 million in federal Goods and Services Taxes (GST) in the last six months. Globally, these numbers are part of more than $7 billion in tourism taxes paid.
Key takeaways from U.S. and Canadian stays:
Florida – over $371 million, an increase of approximately 20% from 2021
California – over $198 million, an increase of approximately 25% from 2021
Tennessee – over $120 million, an increase of approximately 30% from 2021
North Carolina – over $111 million, an increase of approximately 25% from 2021
Texas – over $87 million, an increase of approximately 35% from 2021
Arizona – over $78 million, an increase of approximately 25% from 2021
Illinois – over $35 million, an increase of approximately 20% from 2021
British Columbia – over $67 million CAD, an increase of approximately 70% from 2021
Quebec – over $28 million CAD, an increase of approximately 250% from 2021
Toronto – over $7 million CAD, an increase of approximately 170% from 2021
“Whether we’re collecting and remitting taxes in states that need our Hosts’ tax dollars now more than ever or streamlining the collection process for a growing source of revenue for emerging travel hubs, we’ll continue to work closely with local governments to unlock the full potential of tourism and travel.”
Article by Brad Beckett, Director of Education & Outreach, Real Estate Investing Today, National Real Estate Investors Association (NREIA).