San Diego Short-Term Rentals Decision Will Result in Lost Tax Revenue, Change Traveler Outlook
Travel Tech on July 17, 2018
FOR IMMEDIATE RELEASE
July 17, 2018
Contact: Mallory Barrasso
Arlington, VA – The Travel Technology Association (Travel Tech), the trade association for the online travel industry, including short-term rental innovators Airbnb, HomeAway and VRBO, released the following statement after the San Diego City Council rejected Mayor Kevin Faulconer’s proposed compromise regulations on short-term rentals in favor of heavy-handed, blunt action.
“The Council’s vote to reject a compromise on the short-term rental front has sacrificed significant economic opportunity for the community at the behest of legacy hotel interests and a few loud voices,” said Travel Tech’s Vice President of Short-Term Rental Policy, Matt Kiessling. “While Mayor Faulconer’s proposal could have addressed the concerns of the community while also providing a pathway for all types of short-term rentals, the Council has rejected the interests of local residents, stripping them of income they have come to depend on and causing the city to lose out on million of dollars in tax revenue.
“This decision has the potential to fundamentally change San Diego tourism,” Kiessling continued. “As travelers seeking short-term rental accommodations will no longer see this city as willing to offer travelers and their families choices when it comes to accommodations, a key facet of their consideration of San Diego as a viable travel destination.”
The Travel Technology Association (Travel Tech) is the voice of the travel technology industry, advocating for public policy that promotes transparency and competition in the marketplace to encourage innovation and preserve consumer choice. We represent the leading innovators in travel technology, including global distribution systems, online travel agencies and metasearch companies, and short-term rental platforms, including Expedia’s HomeAway and VRBO platforms, Airbnb, TripAdvisor and Booking.com.