County collects $1 million from vacation rental website

Sarasota County received over $978,000 in tax revenue from the home sharing platform.

By Business Observer Staff
| 2:49 p.m. June 7, 2018
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Sarasota couple Valerie Wadsworth-DeLieto and Lee DeLieto Jr. host Airbnb properties such as the Sea Turtle Cottage.

Manatee-Sarasota

SARASOTA — Home sharing and vacation rental company Airbnb announced it delivered over $978,000 in tax revenue to Sarasota County in the first year of its tax agreement with the county.

The Sarasota County Tax Collector's Office and Airbnb entered into a tax agreement in April 2017 that went into effect May 1, 2017. The agreement allows Airbnb to collect the 5% Sarasota County bed tax and provide the revenue to the county, according to a press release.