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    Home > Finance > Airbnb banks on Tour de France deal to boost French market, eyes luxury experiences
    Finance

    Airbnb banks on Tour de France deal to boost French market, eyes luxury experiences

    Published by Global Banking & Finance Review®

    Posted on May 22, 2025

    3 min read

    Last updated: January 23, 2026

    Airbnb banks on Tour de France deal to boost French market, eyes luxury experiences - Finance news and analysis from Global Banking & Finance Review
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    Tags:partnership

    Quick Summary

    Airbnb partners with Tour de France to enhance its presence in France, focusing on luxury experiences and rural market growth amid regulatory challenges.

    Airbnb Partners with Tour de France to Enhance French Market Presence

    By Dominique Patton

    PARIS (Reuters) -Airbnb said on Thursday a new partnership with the Tour de France will boost its rental business across rural France, as it seeks to build on the success of last year's Paris Olympics at a time of lower demand in the U.S.

    The vacation rental company this month forecast softening demand in its top market as an erratic U.S. trade policy hurts consumer sentiment.

    Number two market France, however, where locals account for about 70% of bookings, is seeing "very healthy" growth, maybe even faster than the U.S., co-founder and CEO Brian Chesky said in an interview.

    The three-year contract with the world's most prestigious cycling race will see Airbnb promote rentals along the 3,339 kilometre route, as well as related experiences such as rides with former cyclists, as part of a global expansion strategy.

    The partnership comes after the platform recorded 700,000 bookings during the four-week period of the Olympic Games, exceeding expectations.

    It has maintained the roughly 120,000 listings reached in the French capital last year but says it can do more in less populated areas across the country, including many of the stops along the Tour de France.

    The push comes even as cities such as Biarritz in France's southwest are restricting listings in response to soaring house prices.

    "When Airbnbs are restricted somewhere, it does have an impact on the business. Obviously, it doesn't grow as fast. And then the other outcome...is that prices typically go up because a lot of people try to stay in a few homes or a few hotels," Chesky said.

    In neighbouring Spain, Airbnb is appealing against a government order to withdraw more than 65,000 listings for holiday rentals that were alleged to have violated rules, part of a general crackdown on a business blamed for contributing to the country's housing crisis.

    Airbnb has said it believes the ministry does not have the authority to make rulings over short-term rentals.

    More brand partnerships could follow the deal with the Tour de France, especially for luxury experiences, said Chesky.

    "Wealthy people like to spend money on experiences more than even things," he said.

    For now, the company is still building up its new services, receiving many thousands of applications a week from people who want to sell a service on the platform.

    Chesky, who has booked a chef at his Paris Airbnb, is among those testing the new offer but says it will take time to build up.

    (Reporting by Dominique Patton, editing by Ed Osmond)

    Key Takeaways

    • •Airbnb partners with Tour de France to boost French market.
    • •Focus on luxury experiences and rural France expansion.
    • •France is Airbnb's second-largest market with healthy growth.
    • •Partnership follows success during Paris Olympics.
    • •Airbnb faces regulatory challenges in Spain.

    Frequently Asked Questions about Airbnb banks on Tour de France deal to boost French market, eyes luxury experiences

    1What is Airbnb's new partnership about?

    Airbnb has formed a three-year partnership with the Tour de France to promote rentals along the race route and related experiences, aiming to boost its rental business in rural France.

    2How is the French market performing for Airbnb?

    The French market is experiencing 'very healthy' growth, with locals making up about 70% of bookings, potentially growing faster than Airbnb's top market, the U.S.

    3What challenges is Airbnb facing in urban areas?

    Airbnb is facing restrictions in cities like Biarritz due to soaring house prices, which impacts business growth and can lead to increased rental prices.

    4What does Airbnb's CEO say about luxury experiences?

    CEO Brian Chesky mentioned that wealthy individuals prefer spending on experiences rather than material goods, indicating a potential focus on luxury offerings in the future.

    5How many bookings did Airbnb record during the Olympics?

    During the four-week period of the Olympic Games, Airbnb recorded 700,000 bookings, which exceeded expectations.

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