Puerto Rico signed a deal with Airbnb under which the company will collect the room tax from hosts on the island and turn the revenue over to the U.S. territory’s government, which is mired in a financial crisis.

Gov. Ricardo Rossello said Airbnb will oversee the tax collection starting in August to ensure greater compliance from hosts as well as ease the government’s administrative burden. He said hosts across the island have remitted only about 20 percent of the room tax due.