2020 was not exactly the type of year we will look back on fondly. However, based on First Quarter 2021, Airbnb could point to the pandemic as the starting point of exponential growth. While the rest of the state has largely suffered, Airbnb has increased its revenue and market share.
The Waco Tribune-Herald reports on the state of the area’s vacation rental business in an article entitled Vacation rentals double revenue over last year, riding Magnolia’s coattails published on October 3rd. Special attention is given to how this increases the Waco Occupancy Tax revenues. While the story focuses on AirBNB and VRBO-type properties, deeper in …
Waco Tribune-Herald: Waco Occupancy Tax Revenue Rises Read More »
