The Olympic Rings on the Trocadéro esplanade opposite the Eiffel Tower.
Among the studies that analyze the prices of the Olympic Games in Paris There are big differences this summer. Many suggest that the event overall will probably be the most costly in Olympic history, but others claim just the other.
Still, there’s widespread agreement that the costs paid by spectators, sports fans and tourists between July 26 and August 11 within the City of Light, resplendent in its splendor for the world’s most vital sporting event, are “appropriately” Olympic Increases will probably be experienced in tickets, accommodation, food and transport, not to say the associated fee of participating in essentially the most sought-after sports competitions.
“Beer, chips, condoms, wine are among many products whose sales will explode during the Olympics,” he writes The Parisian. “According to a study on the impact of the Olympics on the industry, the challenge for restaurateurs, companies and major brands in the host cities is significant.”
Point adds coffee, sodas, candy bars, cookies, pizzas and snacks to the list of things whose prices will skyrocket attributable to “extremely strong demand for ‘indulgence products’ that are among the great staples of sporting events.”
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Hotels and other accommodations
Let’s hear from the French consumer association UFC Que Choisir: “If we had suspected that hotel prices in Paris would increase during the Olympics, we could not have imagined that it would happen to such an extent!”
A study by the organization checked out 80 establishments – mostly 3 and 4 star establishments – near the opening ceremony, which can stretch for several kilometers along the Seine in the center of the capital. The evaluation found a mean increase of 226% in requiring a minimum of two nights, with some even requiring a minimum of five nights to book accommodation. “In fact, the night in this configuration costs an average of 391 euros,” says the study. “The average number of overnight stays imposed was 3.4.”
Hotels in 3- or 4-star chains like France’s Ibis charge 400 to 700 euros an evening for a basic double room with Wi-Fi and breakfast, compared with 90 to 200 euros in normal times. At more upscale hotels, prices jump to €1,500 per night, in comparison with the conventional average of €300.
A 3 star hotel, Hotel Des Marronniers In the sixth arrondissement, for instance, per week for 2 adults costs 5,600 euros, while a one-bedroom apartment near the Eiffel Tower costs a hefty 6,038 euros, also for per week Booking.com.
Even in “cheaper” accommodation on the outskirts of Paris and out of doors the town limits, the typical price may be as much as €400 per night.
“Be prepared for sticker shock,” he warns New York Times. Citing the Paris Convention and Visitors Bureau, the newspaper reports that “the average cost of an overnight stay in the Île-de-France region surrounding Paris during the Olympics will be about 700 euros, compared to 169 euros last summer .”
“Many hotels have doubled or tripled their typical summer prices (think an average of €1,000 per night instead of €300), and some have even increased them fivefold.”
Most hotel reservation sites use the yield management technique, which increases or decreases prices based on customer demand.
With nearly 15 million visitors expected for the Olympics, the outsized demand for accommodation has not only caused hotels to significantly increase their prices. The increases were also astronomical for self-catering options resembling Airbnb.
With the influx of tourists set to place significant strain on public transport, many workplaces and offices are asking their employees to work at home, meaning they’ll escape the crowded city throughout the games and rent or sublet their seats for an extra fee Benefit from the boom in demand.
The average price for the Olympic dates via Airbnb is over 500 euros per night.
For a small apartment that normally costs 90 euros per night, Airbnb’s algorithms suggest a price between 200 and 250 euros.
According to several French publications, the variety of advertisements for rooms and apartments is exploding. “In certain neighborhoods the price increase is spectacular: ‘I have a friend in République to whom the Airbnb algorithm suggested a price of 540 euros per night for his small one-room apartment,'” he writes Euronews.
“As metro tickets are temporarily raised to 4 euros to accommodate the influx of tourists (normally they cost 2.15 euros), and the president of the Paris region, Valérie Pécresse, recommends that locals travel throughout the Olympics Games work at home, many intend to make use of a few of their five weeks of paid day without work to go away Paris in July and August.
“For those unable to escape the French capital, these two weeks of the Olympics, followed by another two weeks of the Paralympics, could be a nightmare.”
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Will prices go down?
For some analysts, the availability glut can have a cooling effect on prices.
Hotels hold on to some rooms until the last moment and costs could drop after they release them. There is at all times the opportunity of oversupply, with too many residents wanting to leap on the exorbitantly expensive accommodation bandwagon and 1000’s of latest listings coming online every single day, which could also result in inflated prices.
But… don’t count on it. Given current trends, one can assume that prime prices will proceed – and never only for accommodation. Prices in restaurants, cafes, museums and other venues will begin to rise as early as this month. Data point: Last week a friend and I paid €12 for a cappuccino at a pleasant cafe.
Protests and criticism were directed not only against the expensive hotel prices, but in addition against subway tickets, entrance fees for cultural events and increases in various tourist taxes.
Sebastian Coe, president of World Athletics and lead organizer of the 2012 London Olympics (and himself an Olympic gold medalist in athletics), called earlier this yr to present priority to athletes’ families, saying the Paris Games can be “both for international federations as well as the most expensive edition for fans… We have to accept that Paris will be the most expensive games for all sorts of reasons.”
Old style Paris Metro sign Photo by Keith Mayhew/SOPA
transportation and more
During the Olympics, prices for the Paris metro, buses, trams and RER commuter trains double.
“If you plan to be in Paris for the 2024 Olympics, investing in a transport ticket could save time and money.” Euronews advises.
A special Transport pass It allows unlimited travel to all Olympic and Paralympic venues across the town, in addition to to and from Charles de Gaulle and Orly airports. It is on the market now as a physical card and will probably be available in app form in mid-June for €16 a single day and €70 for per week.
Cycling and walking are promoted as higher alternatives. In recent years, Paris has marked out latest bike lanes, adding 55 miles to the present 270 miles. The city’s bike rental program is generally known as Velib adds 3,000 bikes to the 22,000 currently available.
As for flights, that New York Times reports that “round-trip prices to Paris are already rising.” Nonstop flights on Expedia.com from New York to Paris start at about $1,300 the weekend before the Olympics, in comparison with a mean of $1,000 last summer. In general, travelers can get the very best airfare by booking 60 days prematurely.”
These rates are expected to extend because the dates of the games catch up with.
Accordingly ThrillistIn 2020, flight searches for the Olympics increased by 60% in comparison with searches for a similar period in 2023. Their advice is to avoid the “absolute mess that is likely to come to Charles de Gaulle Airport” and go into one Any other major city in Europe has trains to Paris.
The Paris 2024 Olympic Games ticket sales website on a laptop and cell phone. Photo by Alain JOCARD
Do you have got your tickets?
The official goal of the organizers of the Paris Olympics was to make them equal and accessible popular games. Tickets for the assorted events were released as scheduled.
Prices vary from event to event. But for the spectacular and highly anticipated opening ceremony, for instance, they’ll go from $98 to almost $3,000. Most of the 100,000 seats are already sold out.
In fact, tickets for the Opening Ceremony and most blockbuster competitions have turn into virtually unavailable and are only available through expensive special packages, with access to the Opening Ceremony starting from 5,000 to 9,500 euros per person.
Such special packages via the official partner of the Paris Games, On siteFor example, a deal for €8,660 per person includes eight nights in a 3-star hotel and tickets to climbing competitions, while a deluxe deal for €21,105 includes five nights on the Waldorf Astoria Hotel in Versailles and tickets to the opening ceremony and equestrian events.
Crowd favorites resembling the ladies’s artistic gymnastics final and the boys’s 10 meter diving special packages start at €1,799 and €875 respectively.
Around seven million tickets have been purchased since sales began almost a yr ago Official ticketing website for Paris 2024.
Most auctions for tickets have already taken place, but you continue to have a number of more options.
Ticket deals for big crowd competitions, including games in Marseille, Nice, Lyon, Saint-Étienne and Lille featuring French football and basketball teams, start at €30.
There are also vacancies for Paralympic Games which run from August twenty eighth to September eighth.
