Paris Olympics: The calm before the storm?
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High tower - high prices
If you want to see Paris from above, you will have to dig deeper into your pockets in future. Admission prices for the Eiffel Tower are rising by around 20 percent in time for the Olympic Games.
Parisians to cash in with Airbnb
The anticipation of the 2024 Paris Olympic Games is not only creating excitement among sports fans but also among potential Airbnb hosts. Airbnb expects that over half a million guests will use its platform to stay in the Greater Paris region during the global event. Hosts are overpricing their homes or rooms and expect to earn almost 257 million euros in total throughout the Games.
Government penalises greedy hoteliers
As the Paris 2024 Summer Olympics rapidly approach, the hospitality industry in France is gearing up to take full advantage of this global gathering. The event is expected to draw over 15 million visitors, but there is growing concern about skyrocketing room rates and restrictive booking practices. The situation prompted government intervention and greedy hoteliers have already been fined.