BROCKVILLE – Airbnb says it will start collecting Brockville’s four per cent bed tax from its 60 hosts around the city.
The collection and remitting of the municipal accommodation tax from vacation rentals will start next month (Oct. 1), the company announced yesterday (Monday).
In addition to Brockville, Airbnb reached agreements with Mississauga and Sudbury.
The company estimates that each Brockville host makes about $4,300 a year by renting out their property for roughly 19 nights. The average stay is 2.7 days.
Based on those numbers, Brockville stands to collect a little more than $10,000 from the home rental and travel service.
The money collected is earmarked for tourism development in the City of Brockville, though the city’s economic development and planning committee still needs to decide how it should be spent.
The tax has been in place in Brockville since May.
Airbnb is a San Francisco, Calif. based internet broker for short-term lodging in private homes.