Luxury hotel demand in Paris drops 20-50% before Olympics due to car navigation concerns and homeless immigrant relocation.
Paris faces a collapse in luxury hotel demand before the Olympics as wealthy tourists avoid the city, citing concerns about navigating Paris by car. High-end hotel bookings for the last week of June and most of July are down 20-50% compared to the same period last year, according to UMIH Prestige. The French government has also been criticized for relocating thousands of homeless immigrants out of Paris ahead of the Olympics, with many being promised housing but ending up living on unfamiliar streets or facing deportation.
July 10, 2024
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