The French parliament on Thursday approved a bill aimed at tightening the regulation of tourist accommodation such as Airbnb to combat the shortage of affordable housing. The bill -- the result of a compromise between the two houses of French parliament -- had been unanimously approved by the upper house Senate on Tuesday.

French lawmakers on Thursday backed a bill aimed at increasing the regulation of tourist accommodation such as Airbnb to combat the shortage of affordable housing. The legislation, which has been in the works since April 2023, aims to slash tax breaks for tourist properties in a bid to curb short-term rentals amid shortages of affordable housing.

PARIS: The French parliament on Thursday (Nov 7) approved a bill aimed at tightening the regulation of tourist accommodation such as Airbnb to combat the shortage of affordable housing. France is the second-largest market for Airbnb, with listings in more than 29,000 towns and cities in the country.

French lawmakers on Thursday backed a bill aimed at increasing the regulation of tourist accommodation such as Airbnb to combat the shortage of affordable housing. The legislation, which has been in the works since April 2023, aims to slash tax breaks for tourist properties in a bid to curb short-term rentals amid shortages of affordable housing.

The French parliament on Thursday approved a bill aimed at tightening the regulation of tourist accommodation such as Airbnb to combat the shortage of affordable housing. The bill -- the result of a compromise between the two houses of French parliament -- had been unanimously approved by the upper house Senate on Tuesday.