2024, however, will likely tell a different story. It should go down as the year of the Olympic Games hotel room overcharge.
At the high-end, a luxury suite during the Olympics is averaging over $1,000 per night while a four-star hotel nightly stay is averaging around $625 to $700. Typically, hotel stays during the summer months are priced in the $150 to $375 range. Airbnb, which is an official sponsor of the Summer Games, should also benefit from the skyrocketing cost of housing during the Olympics.
“Paris’ iconic landmarks are being transformed into sporting arenas to offer spectators an unparalleled experience and provide an outstanding backdrop for sporting prowess.” Paris2424 states. The River Seine, for example, is scheduled to host some swimming and aquatics events during the Games.
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