Airbnb Grows Sharply in Costa Rica

As of July this year, 8 thousand people were registered on the web platform along with 14 thousand rooms available for rent in Costa Rica.

Monday, September 4, 2017

While Airbnb.com authorities continue their efforts to consolidate the business by offering to the Ministry of Finance to charge sales tax for transactions made in Costa Rica, the number of Costa Rican rooms and residences available on the website continues to increase, as well as than the number of users within the country.

See: "New attempt to collect taxes on vacation rentals"

"... In May of this year, there were 7,700 people offering the service in the country, but now there are 8,000 and 14,000 rooms, said Shawn Sullivan, Director of Public Policy for Airbnb for Central America and the Caribbean."

See "Airbnb vs. Hotels: Innovate or Perish"

Elfinancierocr.com reports that "...Approximately 260,000 visitors used Airbnb in Costa Rica between May 2016 and the same month of 2017.  In addition, a typical host rents their property 23 days a year and each host earns on average $2,600 a year. Also, more than 105,000 Costa Ricans used Airbnb in both Costa Rica and abroad as an accommodation option."

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More on this topic

Airbnb to Pay Taxes in Panama

July 2017

The company has proposed to the government that a tax collection scheme be implemented for property owners that rent out rooms to tourists using its web platform.

Airbnb's idea is to establish a system similar to the one recently implemented in Puerto Rico, where the company signed an agreement with the government to collect taxes on rentals from homeowners. 

New Attempt to Charge Tax on Holiday Rentals

May 2017

Although Airbnb offered to collect the sales tax for transactions made in Costa Rica through its platform, the Treasury is evaluating asking the US for information on the hosts.

The Directorate General for Taxation will try to exhaust all routes first with the company Airbnb, but as a second alternative, it has announced that if it does not reach an agreement with Airbnb, it could request information on the hosts, making use of international agreements for exchange of information with other governments, such as as the US.

Airbnb Wants to Pay Taxes in Costa Rica

December 2016

The company's proposal states that in just two months it could start making tax payments, putting to the test the responsiveness of bureaucracy against the speed of the real economy.

Airbnb, one of the leading global companies that is taking advantage of the momentum that the technological revolution has provided to the collaborative economy, has now created a housing supply available for seasonal rental in Costa Rica which is equivalent to 18% of the supply of hotels. 

Hotels are Losing War On Holiday Rentals

October 2016

In Costa Rica the total amount of accommodation available for rent through the web platform Airbnb is now equivalent to 18% of the hotels in the country.

The figure has been confirmed by the union of hoteliers, who say there is now a total of 11,000 homes offering accommodation for tourism through Airbnb. On top of this data there are also residences rented to tourists through other platforms such as Homeaway or VRBO.

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