The Olympics Effect: Insights into its impact on Paris’ hospitality industry

Paris hotel room prices surge during the Olympics

In our previous post, we noted little movement in the luxury segment. However, over the last 30 days, prices for 5-star accommodations have seen substantial increases. The peak price now stands at €1561.11 for July 26th, up 40% from €1117 just 30 days prior.

The prices for 4-star hotels have also increased over the past 30 days, though not as dramatically as for 5-star hotels. The highest price recorded is €746.44 on 2024-08-03, a modest…