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Cap Lifted on Short-Term Rental Licenses in Telluride

Anna Wilson November 2, 2023

Cap Lifted on Short-Term Rental Licenses

The cap on short-term rental licenses within the Town of Telluride expired on November 2, 2023. New short-term rental business license applications are now being processed. Any new licenses received over the next two months will still be processed under the existing licensing and fee structure, and will expire on December 31, 2023.

Telluride Town Council Passes New Short-Term Rental Policy

The Town of Telluride will implement new short-term rental licensing software in 2024 with new licensing categories, fee structure, and compliance requirements. 2024 renewals will be available as soon as possible in 2024, but not prior to January 1, 2024.

What are the new 2024 categories and fees?

STR Business License Fees: Business license fees return to amounts charged before 2D passed in 2021.
- Lodging Business License: $66 per sleeping room
- Accommodations Business License (STRs): $165 per year plus $22 per sleeping room

STR License Categories: Classic, Limited (Limited to a cumulative of 29 nights), Residential (Residential Zone District limitations), Mid-term, Long-term
STR Administrative Fee: $288 per license
STR Regulatory Fee: 40% Regulatory Fee at $857 per bedroom.