Licence to chill? How enforcement of mandatory registration shapes short-term rental markets in France
研究法国强制登记法规对Airbnb短租市场的影响，发现登记减少了活跃房源但未显著影响总预订天数，反而加剧了市场集中度。
The study explores the impact of mandatory registration regulations on short-term rental (STR) markets in France, focusing on Airbnb. Using staggered difference-in-differences methodology and data from the period 2019–23, we reveal that mandatory registration and platform compliance reduces the number of active STR listings, but does not significantly impact overall reservation days. Our research suggests a reduction in market oversupply that has not affected demand, and has led to a further concentration of STR activity among listings. Licensed hosts have consolidated market power and expanded their activity, while regulatory measures shifted some activity towards medium-term rentals. The findings highlight challenges in balancing the evolving STR landscape.