As the Paris Olympics reach their peak, the city is experiencing a surprising lull. While the world watches sporting feats on TV, Parisians themselves seem to have largely vanished, leaving behind quieter streets and empty restaurant tables.
Some businesses are calling it a "catastrophic" downturn, blaming high prices and pre-Games hype for deterring visitors. The typically bustling Latin Quarter, for instance, has witnessed a stark decline in tourists, with some restaurateurs reporting their worst month in 25 years. Security measures implemented for the opening ceremony, coupled with exorbitant hotel prices, are cited as major contributing factors. One local restaurateur even described the event as "only for the rich", highlighting the perceived price inflation.
Analysts suggest this lull could be a combination of Parisians taking their traditional summer holidays and overseas visitors being put off by inflated prices and fears of Olympic-scale overcrowding.
Airlines also noted a lack of appetite for Paris travel, with Delta even going as far as to declare that "unless you're going to the Olympics, people aren't going to Paris." This is reflected in flight prices, which are significantly lower than usual for this time of year.
However, the hospitality industry is fighting back. Restaurants are slashing prices, offering meals for as little as â¬8, while hotels are reversing their earlier price hikes. Airbnb hosts are also offering discounts, although the company insists that prices have remained relatively stable throughout the year.
While some businesses are reporting a return to normal bookings following price reductions, others remain disappointed, claiming they haven't gained anything from the Games.
Despite the mixed experiences, there's still a chance to snap up a bargain for last-minute travellers. Organisers have confirmed that ticket prices for events have returned to normal, with over 800,000 tickets still available.
While the Olympics might not be the economic bonanza some expected, the quieter-than-usual Paris presents a unique opportunity for those looking to experience the city's rich culture and iconic landmarks at a fraction of the usual cost. With plenty of sport still to be enjoyed and a joyful atmosphere permeating the city, a last-minute trip to Paris could just be the bargain bonanza you've been waiting for.