Paris 2024 Olympics | Hotel Reservations close to 80%

 

A month before the start of the Summer Olympic Games in Paris, according to the latest data provided by CoStar, leading company specialist in analysis and information in the real estate markets, hotel bookings for the major quadrennial sporting event are close to 80%.

This trajectory of growth in occupancy on the books has accelerated substantially in recent months, taking into account that booking levels in February were 50% and in April they were just over 60%.

Data recorded starting from June 17 have revealed a surge with a peak of 77.8% tied to the day Saturday 27 July, an evening in which there will be 14 events of considerable importance awarding Olympic medals.

The opening night is in second position with an occupancy of 77.7% for Friday 26 July.

Additional data informs that compared to the same period in 2023 The booking levels for the Paris Olympic Games for those evenings were 47.7% and 47.5% respectively.

The lowest occupancy in terms of percentage indexes is currently theAugust 11th, the last act of the competition with 59.8%

The impact of the Olympics is also reflected in booking levels throughout the Île-de-France region,with the highest occupancy on the book (75.1%) on Saturday 3 August, an evening that will be the protagonist of 28 events that will award medals while the day with the lowest occupancy on the books is 11  ugust which currently marks a percentage index of 58.9%.

Link : https://www.hospitalitynet.org/news/4122588.html

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