Airbnb is now collecting transient occupancy taxes, sometimes known as hotel taxes, in the City of San Luis Obispo.
The company entered into an agreement with the city that took effect on Wednesday, Aug. 1.
Under the agreement, Airbnb collects and remits taxes on behalf of its short-term rental hosts.
This means homeowners don’t need to figure out the taxes themselves. Guests are charged the appropriate tax on their Airbnb bill and the money goes into the city’s budget.
San Luis Obispo County has been partnering with Airbnb to collect hotel taxes since last October. Airbnb says it has collected and remitted more than $1 million in taxes for the county since that agreement went into effect.