• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

MacKenzie Scott, Melinda French Gates, and Lauren Sánchez Bezos are rewriting the rules of billionaire giving—one quietly, one strategically, one very publicly

2

After donating $48 billion to the Gates Foundation, Warren Buffett is quietly ending one of the biggest philanthropic relationships in history

3

Current price of silver as of Tuesday, July 14, 2026

1

MacKenzie Scott, Melinda French Gates, and Lauren Sánchez Bezos are rewriting the rules of billionaire giving—one quietly, one strategically, one very publicly

2

After donating $48 billion to the Gates Foundation, Warren Buffett is quietly ending one of the biggest philanthropic relationships in history

3

Current price of silver as of Tuesday, July 14, 2026
TechAirbnb

French Hoteliers Cheer as Paris Cracks Down on Airbnb

By
Reuters
Reuters
Down Arrow Button Icon
By
Reuters
Reuters
Down Arrow Button Icon
July 5, 2017, 10:47 AM ET
Add Fortune on Google for similar content.

French hoteliers cheered on Wednesday a Paris City Council decision making it mandatory from December for people renting their apartments on short-term rental websites such as Airbnb to register their property with the town hall.

The ruling comes as Airbnb, much like its ride-hailing peer Uber, is facing a growing crackdown from legislators worldwide triggered in part by lobbying from the hotel industry, who see the rental service as unfair competition.

Airbnb and other rental platforms have also been criticized for driving up property prices and contributing to a housing shortage in some cities such as Paris or Berlin.

With 350,000 listings, France is Airbnb’s second-largest market after the United States, and Paris, the most visited city in the world, is its biggest single market, with 65,000 homes.

On Tuesday the Paris City Council voted to make it mandatory from Dec. 1 to obtain a registration number from the town hall before posting an advertisement for a short-term rental on a website.

The ruling thus makes it harder for those renting out property to exceed the 120 days a year legal rental limit for a main residence, and makes it easier for authorities to track which properties are rented out, and also to collect local taxes.

“This is a strong signal sent out to other municipalities. Local collectivities now have a tool to monitor the tourist offers and control the collection of tourist taxes,” Roland Heguy, the head of French hotel federation UMIH said in a statement.

Like a lot of big cities Paris is cracking down on illegal tourist rentals and trying to regulate and limit the legal element of the phenomenon.

The French capital lost at least 20,000 rental properties from the market over the last five years, and in the central and western part of Paris tourist rentals now make up to 20% of the global rental offer, the City said in its ruling.

Airbnb officials could not be immediately reached for comment.

Due to pressure from hoteliers and officials Airbnb has agreed to charge visitors the traditional French “tourist tax.”

It began collecting the tax from guests in Paris in 2015 and now collects it in 50 French cities. It paid back to French authorities 7.3 million euros in tourist taxes in 2016.

About the Author
By Reuters
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

Kevin Ryan’s AlleyCorp raises new $335 million fund, all in on early-stage bets
NewslettersTerm Sheet
Kevin Ryan’s AlleyCorp raises new $335 million fund, all in on early-stage bets
By Allie GarfinkleJuly 15, 2026
3 hours ago
IBM CEO Arvind Krishna looks on as U.S. President Donald Trump signs an executive order in the Oval Office of the White House in Washington, DC, on June 22, 2026. (Photo: Mandel Ngan/AFP/Getty Images)
NewslettersFortune Tech
We may have just witnessed the biggest share drop in the modern history of IBM
By Andrew NuscaJuly 15, 2026
3 hours ago
New experimental Alzheimer’s drug shows potential after study shows slower cognitive decline
HealthAlzheimer's
New experimental Alzheimer’s drug shows potential after study shows slower cognitive decline
By Lauran NeergaardJuly 14, 2026
14 hours ago
U.S.-Russia space crew arrives at the ISS despite bitter space race past
North AmericaNASA
U.S.-Russia space crew arrives at the ISS despite bitter space race past
By Vladimir Isachenkov and The Associated PressJuly 14, 2026
14 hours ago
NYS Gov. Kathy Hochul standing at a podium
North AmericaData centers
‘New York will lead the way’: NYS Gov. Hochul’s data center moratorium includes a new model for funding AI infrastructure 
By Tatiana SatauaJuly 14, 2026
15 hours ago
A headshot of Dave Bozeman, CEO of C.H. Robinson.
NewslettersEye on AI
The secrets of an unheralded AI success story
By Jeremy KahnJuly 14, 2026
16 hours ago

Most Popular

MacKenzie Scott, Melinda French Gates, and Lauren Sánchez Bezos are rewriting the rules of billionaire giving—one quietly, one strategically, one very publicly
Newsletters
MacKenzie Scott, Melinda French Gates, and Lauren Sánchez Bezos are rewriting the rules of billionaire giving—one quietly, one strategically, one very publicly
By Sydney LakeJuly 14, 2026
19 hours ago
After donating $48 billion to the Gates Foundation, Warren Buffett is quietly ending one of the biggest philanthropic relationships in history
North America
After donating $48 billion to the Gates Foundation, Warren Buffett is quietly ending one of the biggest philanthropic relationships in history
By Marco Quiroz-GutierrezJuly 14, 2026
17 hours ago
Current price of silver as of Tuesday, July 14, 2026
Personal Finance
Current price of silver as of Tuesday, July 14, 2026
By Joseph HostetlerJuly 14, 2026
1 day ago
Current price of gold as of July 14, 2026
Personal Finance
Current price of gold as of July 14, 2026
By Danny BakstJuly 14, 2026
22 hours ago
United States' $39 trillion national debt will mean fewer jobs at lower wages for Gen Z, according to think tank
Economy
United States' $39 trillion national debt will mean fewer jobs at lower wages for Gen Z, according to think tank
By Eleanor PringleJuly 14, 2026
1 day ago
'He found their weakness. It might have been sex. It might be power': Warren Buffett stunned by Epstein pull as he snubs Gates Foundation
Banking
'He found their weakness. It might have been sex. It might be power': Warren Buffett stunned by Epstein pull as he snubs Gates Foundation
By Josh Funk and The Associated PressJuly 14, 2026
20 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.