Paris Olympics Boost Airbnb Searches, Regulations Loom/ New acquisitions / Scale France

The ???? US and ???? France, the largest short-term rental markets, have seen similar and spectacular growth in listings since 2021. In the US, listings grew by 25%, reaching over 1,552,000 by June 2023 ??, according to PriceLabs. However, with demand lagging, occupancy is decreasing ??.

In France, hosts are eyeing the 2024 Paris Summer Olympics ?? to boost demand, with Airbnb expecting 500,000 travelers to stay with hosts ??. The Games will be held nationwide, sparking interest in hosting, while rates could jump in 2024 ??. Yet, by 2025, France may face an oversupply and high pricing ??. The future will reveal how this plays out ???.

Best regards,

Thibault Masson

Founder, Rental Scale-Up

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Top articles this week ??

Airbnb Paris 2024 Olympics: Searches jump, but new regulations may dampen the party

• Growing Short-Term Rental Market: France's short-term rental market has nearly 900,000 listings as of June 2023, making it second only to the United States in Airbnb listings.
• Olympics Boosting Airbnb's Presence Across France: Games are scheduled in Paris and its suburbs (e.g. Boulogne and Saint Denis), in large French cities such as Bordeaux, Lyon, and Marseille, and even in Tahiti, French Polynesia.
• Incredible Increase in Searches: Listings for the Paris region during the games have seen a 10,000% increase in views, and Airbnb searches have surged by 30% in the Paris Region in Q2 2023, with a near doubling in the suburbs.
• Regulatory Actions: Meanwhile, the French government has introduced fresh regulatory measures to curb short-term rentals, especially in regions where the housing crisis is most severe.

Scaling Success: Unpacking the Scale France 2023 Conference

• SCALE France , a VIP event for influential property managers in the short-term rental industry, is scheduled for November 29-30, 2023.
• The conference, part of a rebranded series including Scale Consulting Show, Scale Italia, and more, offers training sessions, discussions, workshops, and networking opportunities for professionals managing at least 20 lots.
• Industry-focused sessions will cover key aspects of short-term rental business, including client marketing, SEO, environmental impact, price management, AI in property management, direct booking strategies, fundraising, and regulations.
• The "Exit Door" event on November 30th will provide insights into business evaluation by mergers and acquisitions experts, ideal for operators interested in acquisition and consolidation.

Round-Up: Dtravel and Superhog Team Up, Acquisition Activity Intensifies in UK, France with Host & Stay, Vacancéole

• Dtravel has partnered with Truvi (previously Superhog) to integrate their Know Your Guest (KYG) risk management system into Dtravel Direct, a direct booking website builder.
• The KYG system uses data analytics and screening tools to identify high-risk guests, providing property managers with a powerful guest screening solution.
• UK-based Host & Stay has acquired Liverpool-based Host So Simple , expanding its portfolio to over 900 properties and offering guests more accommodation options.
• Villages Clubs Du Soleil , a holiday club operator based in Marseille, has acquired holiday rental specialist Vacancéole to expand in the French market and diversify services.

Industry Events

[WEBINAR] Scaling Your Holiday Rental Business – Australasian All-Stars Edition

An engaging live interview and Q&A session tailored for hospitality professionals eager to scale their businesses. This event features distinguished hospitality leaders sharing their expertise on expanding holiday rental ventures in Australia and New Zealand. Although the spotlight is on successes from these regions, the discussion promises valuable insights applicable to operators worldwide.

?? Online

?? July 31, 2023, 9am Sydney Time (7pm EST)

??? Register Free

No #FOMO

Last week, Uvika shared her report on Airbnb’s overhauled Experienced Co-Host Program, and rounded up recent industry news featuring HomeToGo, AirDNA, Limehome and Apaleo, while I shared my interview of Le Collectionist’s Co-Founder and CEO Max Aniort.

That's all for now.

Have a great rest of the week!