December 27, 2015
City revenue from the hotel tax is down for the first time since 2009. And wouldn’t you know, controversial home-share service Airbnb is partially to blame. The Independent Budget Office said the hotel occupancy tax will generate $546 million in Fiscal Year 2016, a drop of $14 million from Fiscal Year 2015….
Source: http://therealdeal.com/blog/2015/12/27/airbnb-to-blame-for-decline-in-hotel-tax-revenue/