We can all hear the faint French bells ringing since it’s just 171 days to the marquee event, the Paris Olympics 2024. Starting July 26th, the mirth-filled event will extend till mid-August. As athletes will have a whole new vista of opportunity to bag medals, their families and friends can also have a good time touring around the historical landmarks around the bucolic and picturesque Paris.

The French capital is getting dressed up beautifully with slight renovations here and there. Inarguably, this year’s Summer Games will be a once-in-a-lifetime show. But there’s a concerning factor that the hopeful Olympic spectators can’t escape.

Paris Olympics 2024 – the hotels steal the spotlight

CoStar, the popular name in the property market that provides estate analytics, marketplaces has news to leave fans rethinking. CoStar’s data says that the hotel occupancy rate is seeing a 50% surge. More focus on the mid-August weekend (2-3), when the hotel occupancy is expected to go over 59.2%. Since July and August don’t fall under the ideal months’ list, tourists flock less. Last year, the hotel occupancy rate varied between 5.0% and 4.5%. 11th August 2024 will have a lesser rate with the average going below 50%. The reason? It’s the closing night, before which several athletes and families will head home. The Ile-de-France region is getting impacted more as the tension level is rising.

The luxury and upper-scale classes will see a surge of 8.7% and 72.7% respectively. This year, unlike the last Summer Games years, occupancy is affected more than the ADR (Average Daily Rate). August occupancy levels will be 9.1% more than last year. Besides the hotel-related information, more challenges are happening in and around the capital than meets the eye.

Paris is girding up to welcome millions

The Grand Palais, which has never undergone a full renovation since its inception, will have major portions altered inside. The focus is on the glass ceilings and the nave. Before the opening ceremony rolls in, the administration body has some standards to set in terms of grandeur. Also, a host venue of the 2017 Tour de France’s last stop and the 2010 World Fencing Championships, Palais has much more in store this year.

READ MORE: Ahead of the Games, Paris Olympics 2024 Reveals a Must See Cultural Exhibition

The spectator count has been reduced for the opening ceremony, and the previous terrorist attacks may be the reason. There’s increased security and police forces ramped up as well, to keep things in absolute control. Mr. Thierry Berthelot, the French Consulate General, has also shed light on the importance of keeping the infrastructure in check, if any situation like the COVID-19 turns up unexpectedly.

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