Airbnb urges Parisians to put homes up for rent for Olympics

This comes amid fears that prices could rocket and accommodation for the Games could become unaffordable for some.

PARIS: Airbnb is expecting to host up to half a million people in Paris during the 2024 Olympics and is urging more Parisians to put their homes up for rent, chief executive officer Brian Chesky said on Tuesday.

“A lot of people need housing. They don’t have enough hotel rooms here in Paris to accommodate everyone,” Chesky said. “Surveys suggest as many as 20% of people in Paris are interested in hosting. If they put their on Airbnb and there is enough housing, prices will stay within reason,” Chesky said. Airbnb, which became an Olympic partner in 2019, is dealing with pushback from local authorities across the world amid competition between short-stay holiday rentals and longer term rentals for residents.

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