During the Olympics, 11.2 Million People Flock to Paris... Special Demand for Hotels and More

Expected Visitor Numbers Comparable
85% French, Many from US, UK, Germany
Airbnb Also Booming

During the 2024 Paris Olympics, it is tentatively estimated that over 11 million tourists visited Paris.

On the 12th (local time), the Paris Tourism Office announced that approximately 11.2 million people visited Paris from last month’s 23rd to the 11th of this month, the period of the Paris Olympics. This number of visitors aligns with the expected visitor scale (11.3 million) predicted by the Paris Olympic Organizing Committee before the opening. It is expected that about 4 million visitors will attend the Paralympics starting at the end of this month.

On the 11th (local time), the closing ceremony of the 2024 Paris Olympics held at Stade de France in Saint-Denis, France, is concluding with a spectacular fireworks display.
[Image source=Yonhap News]

85% of visitors to Paris were French, of whom 45% were residents of the metropolitan area. Among the 15% foreign visitors, a significant number were from the United States, Germany, and the United Kingdom.

The increase in visitors brought a boom to the hotel industry. The room occupancy rate in central Paris reached 84%, which is 10 percentage points higher than the same period last year (July 23 to August 6). MKG, a hotel consulting firm, evaluated that the French hotel industry is expected to generate revenue of 357 million euros (approximately 530 billion KRW) during the Olympics, thanks to the rise in room occupancy and prices (up to 118% in Paris).

Shared accommodation facilities such as Airbnb also experienced a special boom. According to AirDNA, which analyzes data on shared accommodations, more than 400,000 travelers stayed in Airbnb and similar accommodations in the Paris area. Although Airbnb increased the supply of rooms to capitalize on the Olympic boom, the company explained that the booking rate was 62%, higher than last year.

This content was produced with the assistance of AI translation services.