ST. LOUIS (KMOX) – Airbnb’s are all the rage. They’re even trying to market themselves to business travelers now, and communities are wondering if they’ll start losing hotel revenue to in-home hotel rooms. Richmond Heights councilman Reginald Finney wants to register and tax them.
“These residents are utilizing their homes to make income, so in essence they have they have a business within their home, and so then as a business the city should be able to generate income to support itself through taxation on business,” he says.
They just decided last night to hold a public hearing in February on short-term rentals. Right now, listing your home, or a room in it, on sites like Home Away and Airbnb is not allowed in Richmond Heights.