Nope. The tourist spots are open. But hotels aren’t as full and people ain’t traveling there.
“Hotels in Paris are also grappling with the impact of the summer slowdown. Occupancy rates are projected to fall to 60% in early July, a 10-point drop from the previous year. Although many hotels initially raised rates to capitalize on the expected tourism surge, they were forced to discount prices following a sluggish spring booking season. Despite these adjustments, average rates have increased by nearly 70% compared to last July.”
From:
Despite the hype around the Paris 2024 Summer Olympics, travel to Paris plummeted due to high costs and local deterrents, impacting airlines and hotels
www.travelandtourworld.com
“
AirFrance-KLM on Thursday announced the company is anticipating a third-quarter
hit to its unit revenues of 150-170 million Euros ($163-184 million) because of lackluster demand to visit Paris this summer.”
It's a common misconception that host cities see an explosion of travelers around the Olympic Games, says OAG's Chief Analyst John Grant.
www.cnbc.com