Georgetown implementing new changes for short-term rentals

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Kristian Lopez joined Kristian Lopez joined the Denver 7 team in January 2022 as a morning reporter. She was born and raised in Northern California.the Denver 7 team in January 2022 as a morning reporter. She was born and raised in Northern California.

GEORGETOWN , Colo. — The town of Georgetown sees hundreds of thousands of visitors every year, many of whom choose to stay in short-term rentals booked through Airbnb , VRBO and other sites. But town leaders say they aren't always getting the lodging tax revenue generated by those sites.

“This place is amazing. Georgetown is such a unique gift. It's a Hallmark card," said Keuroglian. “You have these shops that are here that have unique storefronts and gift shops and things like that, ice cream and places for kids.”He said the town has 44 short-term rental properties but they haven't been seeing all of the money they should be receiving from those taxes.

Because of this, the town has had to step in. On Tuesday, they passed a new ordinance to make some changes. "There's a monthly reporting system of exactly which site you used, how much you use, how often are you using so that we can keep track to make sure that the town is getting the appropriate lodging tax that is owed to the town," he said, adding they're still hoping to recoup some of that lost revenue, but it could take a while."We have a budget of what we can spend as far as marketing our businesses, as far as bringing in events.

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