The Paris Olympic Games, which will take place from July 26 to August 11, will not make everyone happy. The hotel and catering and air transport sectors will be seriously impacted, the newspaper estimates. Le Figaro » this Tuesday.
Hospitality and catering professionals are seeing figures below expectations, while forecasts were optimistic, while café-type establishments will be more impacted by travel restrictions in the capital where certain districts will be closed because they are hosting competitions.
According to the Paris tourist office quoted by the newspaper, there were 10% fewer arrivals in the City of Lights of tourists from abroad in June. The decline is expected to rise to 15% in the first three weeks of July.
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Regarding air transport, Air France-KLM has just sounded the alarm, noting that traffic to and from the French capital is lower than that expected to and from other major European cities. This is, according to a press release from the company quoted by the newspaper, a ” significant Paris avoidance behavior attributable to the Olympics« .
In addition, the same source adds, the French are booking fewer international flights than usual from the capital and have even decided to postpone their departure on vacation by plane until after the Games, noting that this situation has had a negative impact on Air France’s unit revenues of 160 and 180 million euros for the period between June and August 2024.
The company assures, however, that it will not reduce the number of its flights because the Olympic Games have no impact on the group’s capacity prospects.
With MAP
