Travel agents say people may encounter discounts ranging from 10% to as much as 70% as operators offer deals after demand for the Games fell below expectations due to high prices and security concerns
An aerial view shows the Hotel des Invalides, the Invalides venue for Archery, Athletics and cycling roads, the Pont Alexandre III Bridge and the Grand Palais venue for Fencing and Taekwondo in Paris, on July 10.underway in Paris, hotel operators made a final push to lure last-minute travellers, lowering prices and dropping minimum stay requirements after some people balked at what they saw as price-gouging prior to the games.
. Hotel Planner said it is seeing a drop of as much as 66% in average hotel prices for four-star hotels in Paris through early August. “That’s no longer the case,” Accor Chief Executive Sebastien Bazin said on an earnings call. However, he said occupancy and pricing remain better than the 80% occupancy rate across other Accor hotels.
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