Property management software Hospitable announces they collected and remitted over $1.7m (USD) in lodging taxes on behalf of short-term rental (STR) hosts and property managers across the US and Australia in August.
The milestone highlights the scale of the tax compliance burden and time-consuming administrative work Hospitable is removing for STR businesses.
The figure comprises direct bookings, Vrbo reservations and guest upsell. Hospitable has become the first property management software (PMS) to automate lodging tax compliance across all 50 US states in June.
The milestone also indicates a wider evolution in STR technology, with the company moving beyond helping property managers handle day-to-day tasks to taking responsibility for critical business functions on their behalf.
As property managers broaden across markets and build diverse distribution strategies, tax, payments, and compliance are becoming an increasingly important part of the infrastructure required to scale.
“Every new market a property manager enters is another tax authority they have to answer to and another filing deadline they can’t miss.
“We took the view that compliance is infrastructure, not a service you bolt on later.
“Over a million dollars moving through that infrastructure in a month tells us that property managers want to spend their time running properties, not filing paperwork in jurisdictions they’ve never set foot in.”
Pierre-Camille Hamana, CEO and Founder, Hospitable
Lodging tax obligations rarely stop at a single rate or authority. Requirements can vary by state, county and municipality, each with its own registration process, filing schedule and reporting rules.
For a property manager operating across several markets, keeping pace with those obligations manually becomes a significant administrative load, and one that grows with every new property and channel.
