Juridique et Administratif

🏨 On November 4, 2024, the New York City Council approved the 'Safe Hotels Act,' exempting hotels with under 100 rooms from certain regulations. Mayor Adams emphasized the safety of hotel workers and tourists, aiming for secure, healthy, and clean hotels that support the tourism and hospitality industry. The Act mandates hotel operators to have a license, costing $350, with a two-year compliance timeframe. Hotels over 100 rooms must hire staff directly, ensure continuous reception coverage, and have a permanent security agent if any room is occupied. All main hotel employees must have panic buttons.

🛫 Lilium GmbH and Lilium eAircraft GmbH, eVTOL construction companies in Germany, launch judicial restructuring to avoid liquidation and continue operations. After a partnership with ADP in July 2024 and raising €200 million in 2023, Lilium faced financial difficulties due to a denied loan guarantee by KfW bank, a prerequisite for private fundraising and a €100 million loan aligned with the Bavarian government. Competing internationally, Lilium sought a French government guarantee for a €219 million loan to fund a battery factory and assembly line in Southwest France. The restructuring, subject to court approval, aims to preserve the business with management control under a custodian's supervision. CEO Klaus Roewe believes in the potential for a fresh start post-insolvency proceedings and in electric aviation for decarbonization. 📅 Key dates: partnership in July 2024, €200 million raised in 2023, first Lilium Jet flight planned for early 2025, and financing through 2026 anticipated.

📌 New rental law in France to be voted on November 7, reshaping interactions between homeowners, municipalities, platforms, and courts. Mandatory registration for tourist furnished rentals is required before listing, regardless of residence status. Mayors gain the ability to set temporary change-of-use quotas and, from January 1, 2025, may reduce the max rental days of primary residences to 90 days per year from the current 120. Penalties include fines up to €10,000 for unregistered rentals and €20,000 for false declarations or fake registration numbers; platforms must remove listings with invalid numbers by early 2026. Additionally, condo owners and renters must notify the syndic of usage changes for short-term rentals.

💸 On November 1, 2024, the French minimum wage (SMIC) was increased to €11.88 per hour, resulting in a gross monthly salary of €1,801.84 based on a legal workweek of 35 hours. This adjustment was made to combat inflation and help workers maintain their purchasing power. The updated minimum wage grid was made available, reflecting these changes across different job categories.

🍴 On October 29, 2024, the Tribunal de Commerce de Paris appointed Potel et Chabot as the new owner of Maison Dalloyau, established in 1682. Potel et Chabot, also owning the luxury event catering brand Saint Clair, solidifies its status as France's leading luxury catering and gastronomy group. Amir Nahaï, President of Potel et Chabot, sees this as a future-driven move to revive Maison Dalloyau's historic expertise, with the backing of Groupe Accor, aiming to reestablish its growth and longevity, ensuring job security for all Dalloyau employees.

🏨 In June 2024, UMIH prioritized addressing rental market imbalance in tense zones. An agreement between deputies and senators in the CMP is lauded by UMIH, signaling progress for territorial balance. Nearly 1 million homes have transitioned to tourist furnished rentals, affecting cities like Paris, Nice, and Marseille. This shift has altered local commerce, no longer meeting resident needs. The legislative development aims to mitigate housing crisis impacts and ensure fair competition in tourism.

🏨 On October 28, 2024, France's National Assembly and Senate reached an agreement on a law proposed by deputies Annaïg Le Meur and Iñaki Echaniz to regulate furnished tourist accommodations. The legislation, which took 18 months of discussions to shape, aims to end incentives for short-term rentals over long-term housing, provide local officials with tools to maintain urban balance and combat fraud, and ensure fair competition between tourist lodgings. ATOP praised the agreement for major advancements like mandatory registration of tourist accommodations, applying energy performance requirements to short-term rentals, and offering regulatory control tools to local authorities.

💰 Le Syndicat des Indépendants et des TPE (SDI) alerte sur les risques des réformes de Michel Barnier pour les TPE, craignant un impact économique sévère. Une enquête auprès de 1 943 dirigeants de TPE révèle que 88% voient la réduction de la dette comme une menace pour leur entreprise, et 45% sont affectés par l'augmentation des charges sociales et du SMIC.

💳 On October 23, Catherine Quérard, President of GHR, met with Secretary of State for Consumer Affairs Laurence Garnier, who indicated the government's support to extend for one year the derogation allowing the purchase of non-immediately consumable food items with meal vouchers. This extension is seen as negative by restaurateurs due to a substantial loss of revenue exceeding 850 million euros since the implementation of the derogation in October 2022, with concerns that meal vouchers might become taxed.