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Latest / STR Unpacked

Paris city officials are knocking on doors in Montmartre.

Key lockboxes on every door. Residents describing their building as "a living hell."

What they found: a block full of illegal Airbnbs.

Fortune's new investigation makes it clear Paris is ground zero for Europe's STR crackdown. And the city isn't bluffing.

→ The annual cap is now 90 nights (down from 180) → France's supreme court ruled platforms are legally liable for illegal listings → Two hosts were fined €80k and €150k in February alone → The deputy mayor's target: reclaim 20,000 apartments

Airbnb is adapting pivoting growth to Brazil and India, and stacking experiences and services onto…

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