<p>Airbnb is expecting to host up to half a million people in Paris during the 2024 Olympics and is urging more Parisians to put their homes up for rent, Chief Executive Officer Brian Chesky said on Tuesday.</p>.<p>The more listings there are, the more prices will be contained, Chesky told <em>Reuters,</em> amid fears that prices could rocket and accommodation for the Games next August could become unaffordable for some.</p>.<p>"A lot of people need housing. They don't have enough hotel rooms here in Paris to accommodate everyone," Chesky said.</p>.<p>Paris' tourism office expects some 16 million people to visit the wider Paris region for the Olympics and Paralympics.</p>.LVMH strikes Paris Olympic Games sponsorship deal.<p>"Surveys suggest as many as 20% of people in Paris are interested in hosting. If they put their (homes) on Airbnb and there is enough housing, prices will stay within reason," Chesky said.</p>.<p>"If not enough people put their homes on Airbnb and people don't have enough ... hotels and they can't build more hotels, that's going to increase prices."</p>.<p>Airbnb, which became an Olympic partner in 2019, is dealing with pushback from local authorities across the world amid competition between short-stay holiday rentals and longer term rentals for residents.</p>.<p>Chesky said it would be made clear to hosts that the listings with the best value for money would be given priority for search results.</p>.<p>"So while hotel prices are going up, I will make sure that Airbnb is more affordable than hotels for the equivalent amount of space when people are travelling for Paris for the Olympics. I think we can do that," he said. </p>
<p>Airbnb is expecting to host up to half a million people in Paris during the 2024 Olympics and is urging more Parisians to put their homes up for rent, Chief Executive Officer Brian Chesky said on Tuesday.</p>.<p>The more listings there are, the more prices will be contained, Chesky told <em>Reuters,</em> amid fears that prices could rocket and accommodation for the Games next August could become unaffordable for some.</p>.<p>"A lot of people need housing. They don't have enough hotel rooms here in Paris to accommodate everyone," Chesky said.</p>.<p>Paris' tourism office expects some 16 million people to visit the wider Paris region for the Olympics and Paralympics.</p>.LVMH strikes Paris Olympic Games sponsorship deal.<p>"Surveys suggest as many as 20% of people in Paris are interested in hosting. If they put their (homes) on Airbnb and there is enough housing, prices will stay within reason," Chesky said.</p>.<p>"If not enough people put their homes on Airbnb and people don't have enough ... hotels and they can't build more hotels, that's going to increase prices."</p>.<p>Airbnb, which became an Olympic partner in 2019, is dealing with pushback from local authorities across the world amid competition between short-stay holiday rentals and longer term rentals for residents.</p>.<p>Chesky said it would be made clear to hosts that the listings with the best value for money would be given priority for search results.</p>.<p>"So while hotel prices are going up, I will make sure that Airbnb is more affordable than hotels for the equivalent amount of space when people are travelling for Paris for the Olympics. I think we can do that," he said. </p>