The City of Los Angeles collected more than $275 million in lodging taxes between August 2016 and June 2023 after entering a voluntary tax collection agreement with Airbnb, officials announced on Aug. 9.
Under what is officially known as the transient occupancy tax, online travel companies collect and remit the tax on the discounted and wholesale room rate agreed upon with the hotel or property owner, rather than on the actual amount the guest pays for the room.
