A billion-dollar company has moved into San Antonio with its sights set on leasing apartments in the urban core and then listing them on sites like Airbnb.
The City of San Antonio expects to go live Feb. 1 with a new online system for short-term rental hosts to pay hotel occupancy taxes and fees.
The King William Association board voted to oppose the city’s sanctioning of any non-owner-occupied short-term rentals in the neighborhood.
City Council is set to vote Nov. 1 on regulations for homes, apartments, and spare rooms listed on Airbnb, VRBO, and similar platforms.
As major flooding devastates parts of Central Texas, Airbnb activated a program Friday to help provide housing for flood victims and relief workers.
The home-sharing platform reports that 12 percent of its San Antonio hosts are educators.
San Antonio could generate millions of dollars in new revenue with a rideshare surcharge and shifting the tax collection burden onto Airbnb and similar platforms.
Airbnb hosts pulled in $2.37 million in revenues from more than 2,000 active listings in San Antonio in February, according to the latest data from AirDNA.
“I cannot support the City’s proposed short-term rental ordinance and will do everything in my power as resident of this city to oppose it.”
Most neighborhood associations oppose short-term rentals, citing their “commercial use” as incongruent and disruptive in residential areas.