February 22, 2018 -- Short-term rentals in Santa Monica that were listed on sites such as Airbnb generated nearly $2.5 million in hotel bed taxes during the past fiscal year, according to a report issued by the City this month.

During the first four months of the current fiscal year, which began on July 1, the City collected more than $1 million in transient occupancy taxes (TOT), which is 14 percent in Santa Monica.

Read More: http://surfsantamonica.com/ssm_site/the_lookout/news/News-2018/February-2018/02_22_2018_Santa_Monicas_Short_Term_Rental_Market_Thriving.html

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http://smdp.com/report-airbnb-hosts-make-millions-in-santa-monica-from-illegal-listings/164554