Paris hotel prices during the Olympics have fallen to almost half their peak rate, further underscoring that overzealous hoteliers may have misjudged the appetite for expensive rooms.
Accommodations are now being listed for an average of €313 ($340) a night between July 26 and Aug. 11, down 41% from the peak rate of €531 observed around 11 months before the Games, according to data from travel insights company Lighthouse.
Rates are still well above the average of €175 during the same period last summer, . . .
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I wonder why? Ya know the culture, the arts, the Paris intellectual scene.
Imagine quietly sitting at a sidewalk cafe eating baguettes and drinking wine while quiet, artistic, intellectual, people are all around you, you are surrounded by poetry film painters etc. Isn’t Paris a great place to visit anymore?
I have been to Paris (granted quite some time ago) and of course historically its an amazing city but I found it rather dirty and the people were not the friendliest. Then again me being English might have something to do with it….
I was disappointed I did not see one Frenchmen riding a bike wearing a beret and a string of onions around his neck.
So does this happen all the time or is this the most failed Olympics of all modern history . . . (and you have simply chosen to minimize what’s going on.)