The company's director for France and Belgium, Emmanuel Marill, said Tuesday the cap would apply to the 1st, 2nd, 3rd and 4th arrondissements of Paris. Hosts will have a "ticker" on their home page showing how many nights they have remaining available. City council member Sylvain Maillard tweeted praise for the decision, though critics said it should be extended to all 20 Paris arrondissements. Residents and regulators in tourist destinations worldwide have protested services like Airbnb, saying they drive up housing costs and that hosts use them to run commercial businesses. Other cities have instituted caps or require permits. Get the full story at Travel Weekly and Reuters