Los Angeles Times (Opinion) – Don’t buy Airbnb’s claim that L.A. would lose millions under new regulations

April 21, 2017

To the editor: On behalf of the Los Angeles hotels that help generate more that $200 million annually for the city in Transient Occupancy Taxes (TOT) and are members of the California Hotel & Lodging Assn., we are flummoxed by the lack of honest math regarding short-term rentals and their impact on the city’s budget. (“Airbnb warns that L.A.’s budget could suffer from restricting short-term rentals,” April 18)…

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