Who does not dream of walking on scenic roads in Paris with a baguette in hand and La Vie en Rose playing in our minds? It is one of those bucket-list dreams of globetrotters to enjoy a dreamy holiday in the French capital. With the city hosting the Paris 2024 Olympics, sports enthusiasts globally dreamt of attending the iconic games and exploring the city on the same trip. Looks like many travellers had to cancel their Paris Olympics vacation as most services charge exorbitantly, including hotels.
Hotels Are Now Offered At Cheaper Prices Ahead Of Paris Olympics
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The City of Love is not receiving the love expected this Olympics season. Starting from accommodation costs to higher flight ticket fares, multiple crucial facilities reportedly cost higher prices this Olympics season. Unfortunately, these spikes influenced many travellers to ditch their plans to visit Paris this year. The city expected a significant number of visitors for the Olympics but the reality is quite the opposite.
It is crucial to reach at least close to the expected revenue numbers this season. Seeing no great responses from overseas visitors, many hotels decided to drop nightly charges. People are taking major steps to increase occupancy in their stays and offering deals may help them to get the much-needed boost. Alan Bachand, the 14sb owner, shared that many hotels have already started to slash 50 per cent rates for hotel rooms. Paris Olympics 2024 is the first event where the associated people in the hotel industry are charging less than what they have paid to book stays.
Paris je t’aime revealed that just 1.5 million spectators at the games venues will travel from overseas destinations, according to a report by Hindustan Times. As per information shared by the Paris Tourism Board, about 11.3 million people are likely to explore the city during the international multi-sport event, including both locals and international visitors.
Demands Lessened Steeply
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The hotel industry had major expectations for business and revenues. However, everything went downhill with the high prices of accommodations during the Olympics period. People are now charging visitors accordingly hoping to at least break even. The present condition for this industry is unpleasant. The expected sales have already dropped extensively and reducing prices looks like the only solution at such a dreadful time.
Do you have plans to visit Paris during the upcoming 2024 Summer Olympics?
Cover Image Courtesy: Instagram/ Paris2024 (@paris2024)
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