Kensington Tours’ Post

What will be the effects of the Paris 2024 Olympic Games on our hotel coverage? Find out what our Travel and leisure analyst, Yi ZHONG, FRM, CESGA has to say 👇 #hospitality #olympics #equityresearch

🎯 Olympic Games 2024: Opportunity or Disillusionment for the Paris Hotel Industry? "Even if it rains, summer will be hot, In the t-shirts in the swimsuits, In the French Riviera in Saint-Malo, Oh Oh, summer s'ra hot, hot!"  Do you remember this song by Éric Charden? It comes to mind when thinking about the high expectations of hotel operators for the 2024 Olympics. 📊 Expectations were stratospheric: exorbitant rates hoped for to welcome Olympic fans, followed by the euphoria of massive bookings.  But reality caught up with those golden dreams. Exaggerated prices have given way to budgetary lucidity. 🌟 **However, all is not lost.**  The long-term benefit of the Olympics lies in the media trail and infrastructural improvements that will benefit everyone, residents and tourists alike. As a communications strategy consultant for the luxury hotel industry, I've learned that it's essential to manage your preparation and communications to avoid pitfalls. **The figures speak for themselves:**  a good summer season is on the horizon, marked by an increase in RevPAR thanks to adjusted average prices. 📞 Contact me** to discuss how we can optimize your communication strategies and maximize your impact in this constantly evolving sector. | #JO2024 #Hospitality #MarketingStrategy #latifazenaina#HôtellerieDeLuxe#Paris#tourism#hotel#luxurytravel 💬 I'd love to hear your opinions and experiences regarding expectations for the 2024 Olympics and their impact on the hospitality industry. Leave a comment below!

Get ready for the 2024 Summer Olympics in Paris! With 10,500 athletes from 206 nations, it's set to be the largest event France has ever seen. Learn more about traveler trends in our latest blog! #SummerOlympics #TravelTrends #TravelTech

Get ready for the 2024 Summer Olympics in Paris! With 10,500 athletes from 206 nations, it's set to be the largest event France has ever seen. Learn more about traveler trends in our latest blog! #SummerOlympics #TravelTrends #TravelTech

Get ready for the 2024 Summer Olympics in Paris! With 10,500 athletes from 206 nations, it's set to be the largest event France has ever seen. Learn more about traveler trends in our latest blog! #SummerOlympics #TravelTrends #TravelTech

Get ready for the 2024 Summer Olympics in Paris! With 10,500 athletes from 206 nations, it's set to be the largest event France has ever seen. Learn more about traveler trends in our latest blog! #SummerOlympics #TravelTrends #TravelTech

Get ready for the 2024 Summer Olympics in Paris! With 10,500 athletes from 206 nations, it's set to be the largest event France has ever seen. Learn more about traveler trends in our latest blog! #SummerOlympics #TravelTrends #TravelTech

Get ready for the 2024 Summer Olympics in Paris! With 10,500 athletes from 206 nations, it's set to be the largest event France has ever seen. Learn more about traveler trends in our latest blog! #SummerOlympics #TravelTrends #TravelTech

The 2024 Summer Olympics in Paris will host 10,500 athletes from 206 nations, marking the largest event ever organized in France! 🏃♂️🥇 Flight bookings to Paris have surged 125% for the Olympics compared to the previous year, with many travelers planning to leave right after the games due to limited vacation time. Historically, the U.S. has led in medal counts, which may contribute to the demand as American travelers make up 23.8% of Olympic-period bookings. Parisians, meanwhile, are opting for staycations in other French destinations like Lille, Nice, Corsica, Lyon, and Toulouse, with hotel bookings up 49% from the previous year. Get more details on how this year's Olympic games will impact travel: https://okt.to/Hpyon0 #Olympics #Olympics2024 #Paris2024Games #ParisOlympics2024 #Paris2024 #Travel #TravelNews

US Travel endorses bipartisan effort to create White House Task Force on Global Sporting Events As the United States gears up for a decade of major global sporting events, the U.S. Travel Association is throwing its support behind a bipartisan effort to ensure the nation is fully prepared to host these monumental gatherings. With events like the 2026 FIFA World Cup, the 2028 and 2034 Olympic and Paralympic Games, and the 2031 Rugby World Cup on the horizon, the stakes are high for showcasing the U.S. as a top travel destination. Geoff Freeman, President and CEO of the U.S. Travel Association, emphasized the importance of this initiative, stating, "The creation of this task force is essential for our success as we enter a mega-decade of sporting events in the U.S. We look forward to working with our partners across both the public and private sectors to make the most of this unmatched opportunity to showcase U.S. destinations and cement our position as the top global travel destination." https://lnkd.in/d-Tqpaa2