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Chester Properties Sdn Bhd
Chester Properties Sdn Bhd 886832-U

Airbnb limits rentals in central Paris to 120 days a year

16-Nov-2017



PARIS (Nov 15): Homesharing giant Airbnb announced Tuesday that it will automatically cap rentals in central Paris to 120 nights a year, bringing it in line with the French capital's legal limit.

But Airbnb was quickly criticised for not imposing the new restriction — which will begin in January — across the entire city.

The measure will be applied in four central Parisian districts "which have faced the pressure of tourism and trade, as well as a particularly strong housing shortage over several decades", Airbnb said in a statement.

"It's unbelievable," Paris city hall official Ian Brossat told AFP

"This means that Airbnb will not enforce the law" in the city's 16 other districts or arrondissements, he said.

Brossat accused the company of "making an announcement that violates the law as a gesture of good will", calling for it to apply the rental limit in the whole of Paris.

Paris is one of Airbnb's top markets, with some 65,000 sites listed. Another 35,000 are available from similar online platforms.

As a major tourist destination, Paris has slapped limits on the short-term rental of apartments and rooms as they compete with hotels, encourage property speculation and reduce the housing available to residents.

From Dec 1, anyone wanting to rent their Paris apartment on an online platform will have to get a registration number.

Airbnb was founded in 2008 and offers accommodation ranging from single bedrooms to entire homes in 65,000 cities in 191 countries.

This article sourced from EdgeProp.

Main Office

Chester Properties Sdn Bhd (886832-U)
8-2, The Strand, Jalan PJU 5/22, Pusat Perdagangan Kota Damansara, 47810 Petaling Jaya, Selangor, Malaysia.

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Website: http://www.chester.com.my

Other Office

Our Branch Office - Dutamas
B-1-20 Plaza Damas 3, No. 63 Jalan Sri Hartamas 1, Taman Sri Hartamas, 50480 Kuala Lumpur.

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Our Branch Office - Taman Danau Desa
9-2-3, Jalan 3/109F, Danau Business Centre, Taman Danau Desa, Off Old Klang Road, 58100 Kuala Lumpur.

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Our Branch Office - Damansara Perdana
C-1-09, Ritze Perdana 2 Commercial, Jalan PJU 8/1, Damansara Perdana, 47820 Petaling Jaya, Selangor.

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Our Branch Office - Johor
32A, Jalan Indah 28/1, Taman Bukit Indah, 81200 Johor Bahru, Johor.

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Our Branch Office - Kepong
3-1, Jalan Metro Perdana Barat 2, Taman Usahawan, 52100 Kepong, Kuala Lumpur.

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Our Branch Office - Bandar Sunway
48-2, 2nd Floor, Mentari Business Park, Jalan PJS 8/2, 46150 Bandar Sunway, Selangor, Malaysia.

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Our Branch Office - Malacca
336A & 336B, Jalan Melaka Raya 1, Taman Melaka Raya, 75000 Melaka.

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Associate Company - Hong Kong
9/F, Ashley Nine, 9-11 Ashley Road, Tsim Sha Tsui, Hong Kong.

Associate Company - China
Block A, Room 1506, Lushan Building, Chunfeng Road, Luohu District, Shenzhen, China.

Our Branch Office - Ipoh
7A, Jalan Medan Ipoh 1 D, Medan Ipoh Bestari, 31400 Ipoh, Perak.

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Our Branch Office - Kota Kemuning
2-41-2, Persiaran Anggerik Vanilla, Kota Kemuning, 40460 Shah Alam, Selangor.

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Our Branch Office - Bangsar
28-0-3, Level 3, Cascaduim Condominium, Jalan Penaga Bandaraya, 59100 Kuala Lumpur.

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Our Branch Office - Mont Kiara
74-3, Jalan 27/70A, Desa Sri Hartamas, 50480 Kuala Lumpur.

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Our Branch Office - Gombak
No 2-101, Jalan Prima SG 3/2, Taman Prima Sri Gombak, 68100 Batu Caves, Selangor.

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Our Branch Office - Masai
15, Jalan Permas 1/5, Bandar Baru Permas Jaya 81750 Masai, Johor.

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Our Branch Office - Klang
55B, Tingkat Dua, Jalan Bayu Tinggi 7, Taman Bayu Tinggi, 47200 Klang, Selangor, Malaysia.

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