Denver Wants to Penalize Platforms Allowing Unlicensed Short-Term Rentals
/As part of its ongoing efforts to regulate the local short-term rental industry, the City of Denver wants to create a financial penalty for platforms that book stays at unlicensed rentals.
"Denver has been asking the major platforms to prevent bookings at unlicensed short-term rentals since 2017 to help us achieve our compliance goals, but we have not seen any voluntary compliance from these platforms. Thus the law is necessary to ensure such booking-service providers are accountable if they are profiting from illegal activity," explains Eric Escudero, a spokesperson for Denver Excise and Licenses.
On November 23, Denver City Council will vote on an ordinance proposed by Excise and Licenses that would create a $1,000 fine that could be applied to operators such as Airbnb and VRBO each time they book a stay at an unlicensed rental.
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