A week after Asheville City Council clamped down on Airbnb’s, news is in that “online travel companies” generated $1.4 million in local sales taxes. At the council meeting, Jan Davis did mention that the revenue report would be forthcoming.

Summarizeth well the local daily:

The City Council voted Aug. 25 to increase fines for illegal short-term rentals to $500. A majority of council members said the practice threatened to ‘hollow out’ neighborhoods as out-of-town land owners turned homes into de facto hotels. Supporters of short-term rentals said it is one way for locals to survive in an area with low-paying jobs but a thriving tourism industry.