Paris 2024: Parisians urged to put their houses up for rent | Video

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Brian Cheskyexecutive president of Airbnb, said the platform hopes to provide accommodation of up to half a million people in Paris during the 2024 Olympic Games and urged more Parisians to put their homes up for rent.

“The more ads there are, the more prices will be contained”Chesky told Reutersamid the fear that the prices skyrocket and accommodation becomes unaffordable for some.

Many people need accommodation. They don't have enough hotel rooms here in Paris to accommodate everyone

The Paris tourist office hopes that some 16 million people visit the Capital of Light on the occasion of the Olympic and Paralympic Games.

Given this, Chesky he pointed:

Surveys suggest that up to 20% of Parisians are interested in hosting. If they put their (homes) on Airbnb and there are enough accommodations, the prices will stay within reason.

If there aren't enough people putting their homes on Airbnb and there aren't enough… hotels and they can't build more hotels, that's going to drive up prices.

Airbnb, which became Olympic partner in 2019is dealing with rejection by local authorities around the world In the midst of competition between short-term vacation rentals and longer-term rentals for residents.

Chesky He said it would be made clear to the hosts that the listings with the best quality-price ratio would have priority in Search results.

“Thus, while hotel prices rise, I will make sure Airbnb is more affordable than hotels for the same amount of space when people travel to Paris for the Olympics. I think we can do it,” he stated.

(With information from Reuters)

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