Paris Hotels Cut Prices in Last Resort Bid to Attract Tourists to Olympics

  • Paris, France
  • 31 July 2024
1

Hotel operators in Paris have cut prices and abandoned minimum stays in a bid to attract travelers for the Olympics after tourists objected to raising prices ahead of the Games. The average nightly price in hotels during the Games fell to 258 euros from 342 euros earlier during the summer, which at the time represented a 70 percent increase from the average price of 202 euros in July 2023.There are discounts of 10 to 70 percent in corporate offers after demand during the Games fell below expectations due to price increases and security concerns..

Source (Al Arabiya.net Website, Edited)

 

Related News

Get an annual subscription in the quarterly Arab Economic bulletin

SUBSCRIBE NOW