The registration fee for Homestay during this year's TT and Festival of Motorcycling will see a 60% rise.
The increase comes following the outsourcing of the scheme to Regency Travel.
Last year the Department of Economic Development oversaw the registration of over 700 properties for the individual fee of £15.
This is set to rise to £25 this year, but property owners do not pay tax on any money they make.
MHK Laurence Skelly, the Political Member responsible for Tourism and Motorsport, says the fee increase covers costs:
Clip 1
Isle of Man reviewing self-testing cervical screening kits
Former treasury minister warns against 'emotional' triple lock decision
Egg Gate: Police appeal for help after 'recent spout of egging'
Beach Buddies maintaining momentum after 20 years
