Airbnb Legal Issues and Statistics: Paris

Airbnb Legal Issues in Paris

Paris is a city which is incredibly popular throughout the world, and that has contributed massively to the growth of Airbnb there. For instance, there are more active listings in Paris than anywhere else in the world. Impressive, neh?

There are over 60,000 listings and approximately 86% of those are people renting out entire properties and not just rooms. As a result, Paris has seen a huge drop in their own rental market, with around 20,000 apartments exiting the market since Airbnb has been operating there.

The laws in Paris were very friendly towards Airbnb hosts, with the Bill ALUR – national housing law approved by President of France in 2014 – allowing people to rent out their home without seeking permission from local authorities. Although, the owner must live in that property for more than 4 months out of the year to make it legal. If the owner doesn’t, then they must rent out the property for at least a year, otherwise it’s illegal.

However, Paris officials predict that approximately half of Airbnb hosts continue to rent out their property even when they haven’t acquired authentication as being a commercial property. If they’re caught, they could face a fine of up to €25,000.

And in 2017 Paris authorities have rolled out a new rule forcing people renting out their properties on Airbnb to first register it with the City Hall.

Paris Airbnb Statistics

The Rooms

Airbnb hosts can rent out entire properties, private or shared rooms.

59 321 – Airbnb listings in total
6 348 (86.5%) – entire properties
7,361 (10.7%) – private rooms
401 (0.68%) – shared rooms
1 287 (2.2%) – hotel rooms
€111 – average price per night

Guest Activity

Airbnb guests may leave a review after their stay, and these can be used to estimate Airbnb guests activity. However not all guests leave a review, so the actual activity could be higher.

An average income per month has been calculated by using the minimum stay, the average price per night and the total number of reviews.

92 – estimated nights per year
0.9 – average reviews of listings per month
1 103 370 – reviews in total
€111 – average price per night
25.3% – estimated occupancy
€793 – estimated average income generated per month

Host Activity

When you assess the Airbnb market in Paris, you’ll notice that there are some hosts who have multiple listings and some that have single listings, just like everywhere else in the world. It is possible for a host to list multiple properties that they have available or different rooms which are available on the same property.

13 773 (23.2%) – number of multi-listings
45 548 (76.8%) – number of single listings

Property Availability

Airbnb hosts have full freedom when it comes to selecting how available their property or rooms are. For instance, by utilizing the calendar tool, a host can set their property to be available for just one week in a year. Alternatively, another example is a host setting their rooms to be available for 11-months out of the 12.

17 324 (29.2%) – high availability
41 997 (70.8%) – low availability

Data Sources

http://insideairbnb.com/

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