Soaring hotel prices to hit Paris in 2024

A report by the Paris tourism office showed that hotel prices would rise by a whopping 314% between the 2023 and 2024 summers

Nov 22, 2023

Visitors heading to Paris for next year's Olympics face major accommodation problems amid soaring hotel prices and a crackdown on rentals of tourist apartments.

Key takeaways

  • The report also hit out at the Paris hotels for waiting too long to open their booking platforms for the July 26 - Aug. 11 Games. "Some 66% of the hotels are still not available for booking for the period of the Olympics," the report said;
  • According to the Paris Tourism office, a hotel night in the Paris region was 169 euros in July 2023, and it is expected to soar up to 699 euros in July 2024;
  • Visitors might opt for Airbnb, but the French parliament is expected to pass a law to crack down on illegal renting of tourism homes.

Get the full story at Reuters

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