Saturday December 9, 2023

Paris Olympics Problems Continue With Price-Gouging Claims

  • Average room prices expected to more than triple for upcoming Games.
  • Ripple effects also extend to local Airbnb economy.
Oct 22, 2022; Paris, FRANCE; General view the Eiffel Tower and the Seine river, as seen from Pont Alexandre III in advance of the Paris 2024 Summer Olympic Games. The bridge will serve as the site for triathlon, open water swim and road cycling.
Jerry Lai-USA TODAY Sports
Copy Link
Link Copied
Link Copied

The troubled runup to next year’s Paris Olympics has spread to a new sector: hotel prices.

A new report from Paris tourism showed that hotel prices will rise 314% between the summer of 2023 and next summer’s Games, somewhat similar to price hikes seen for prior Olympics and World Cups. Average prices are projected to rise from $185 per night to $765.

The increases were even steeper for better accommodations, with average prices rising 475% for three-star hotels.

“We want popular Games, but it can’t be popular Games at 700 euros a night,” Frederic Hocquard, Paris’ deputy mayor for tourism and nightlife, told Reuters. “You can’t triple the price of the rooms. Maybe you can allow a 10, 15% increase, but tripling the prices won’t work.”

The lodging issue follows several months of conflict for the Paris Olympics and its organizers, including local rioting, budget concerns, bed-bug infestations, serious corruption allegations, and controversy over alcohol restrictions — plus issues surrounding high ticket prices, ambitious event logistics, and the city’s planned treatment of its homeless during the Games.

Local officials also expect many fans to commute into Paris from various surrounding towns due to the hotel prices.

Airbnb Issues

Hocquard said the hotel price increases also will help “feed the Airbnb beast.” But the French government is expected to impose a series of new sanctions to help control that market.

Among the anticipated measures will be a new taxation structure on owners who rent their homes and heightened enforcement on the city’s 120-day-limit per year for residents renting their properties.

Copy Link
Link Copied
Link Copied

What to Read

The MLS Cup Pits Hollywood Cash Against Midwest Savvy

LAFC visits the Columbus Crew in the MLS Cup final.

Goodell Makes ‘MNF’ Visit To Help Jaguars in $2B Stadium Talks

The Jaguars are exploring a $2 billion stadium deal.
The Chicago Bears logo is seen prior to a game against the New York Jets at Soldier Field.

Yet Another Proposal for A New Bears Stadium: The Parking Lot

Popular tailgating site becomes latest stadium site possibility for NFL team.
Baltimore Orioles

Fresh Off Turnaround Season, The Orioles Could Be Facing Big Changes

MLB team reportedly nears sale agreement with local native and billionaire.
podcast thumbnail mobile
Front Office Sports Today

Golf World in Chaos After Jon Rahm Joins LIV


Featured Today

The College Football Playoff is considering rotating TV networks for the national championship game.

CFP Considers Super Bowl-Like Rotation For National Championship Game

Multiple networks could share rights to the championship game, sources told FOS.
Brett Favre
November 27, 2023

Favre Welfare Case Hold-Up? “AG’s Office Has Not Expressed Interest In Pursuing”

The DOJ interviewed Brett Favre in early 2020.
The future of the Pac-12 rests on a court decision.
November 24, 2023

The Pac-12 Plays Its Final Regular-Season Game. Then A Court Decides Its Fate.

The conference’s future rests with a court decision.
Lane Kiffin
November 9, 2023

Ole Miss, Lane Kiffin Lawyers Argue for Dismissal of Player Lawsuit

FOS obtained audio of Lane Kiffin’s interaction with the player behind lawsuit.


Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Multiple Locations
Multiple Locations
Creative Artists Agency
Multiple Locations
Sweden knocks out the US and TV ratings.

U.S. and Mexico’s WWC Goal: $3B Revenue, Attendance Records

Joint bid for FIFA event seeks dramatic new milestone in women’s sports.
December 5, 2023

Two Years After Tokyo’s $13B Olympics: Criminal Charges

Trial begins in bid-rigging scandal further marring already troubled Games.
December 6, 2023

Indigenous Lacrosse Team at Olympics? White House Backing Push for Solo Squad

Bid to include Haudenosaunee in upcoming competition garners widespread support.

NHL’s Chris Foster on Amplifying Content Distribution With Automation

Learn how the NHL is using WSC Sports to increase fan engagement.
Oct 22, 2022; Paris, FRANCE; General view the Eiffel Tower and the Seine river, as seen from Pont Alexandre III in advance of the Paris 2024 Summer Olympic Games. The bridge will serve as the site for triathlon, open water swim and road cycling.
December 4, 2023

Olympic Hosts Paris and Brisbane Grapple With Security Concerns, Soaring Costs

Fatal stabbing near Eiffel Tower raises new concerns about Paris 2024.
Olympic rings in front of mountains in the background
November 29, 2023

IOC’s Winter Olympics Favorites: France 2030, Salt Lake City 2034

Preferred bidders have been selected for 2030 and 2034.
November 27, 2023

Two U.S. World Cups in Two Years?

The United States is hoping to host the 2027 Women’s World Cup.
November 21, 2023

Cricket Continues To Surge In Popularity

Tournament posts record-level attendance, streaming totals.