Tuesday, June 23, 2026
Newswatch
  • News
    • Front-page
    • Tech
    • Politics
    • Society
    • Sports
    • Environment
    • Economy
    • Religion
  • Abouts
    • About Us
    • Our Team
    • Privacy Policy
  • Contact Us
No Result
View All Result
Sign Up
  • News
    • Front-page
    • Tech
    • Politics
    • Society
    • Sports
    • Environment
    • Economy
    • Religion
  • Abouts
    • About Us
    • Our Team
    • Privacy Policy
  • Contact Us
No Result
View All Result
Newswatch Cameroon
No Result
View All Result
Home Economy

Rise in spending lingers in Paris after Olympic Games

News Watch Cameroon by News Watch Cameroon
November 14, 2024
in Economy
0
Rise in spending lingers in Paris after Olympic Games

Visitors queue to take souvenir photos at Paris Olympics symbol

0
SHARES
92
VIEWS
Share on FacebookShare on Twitter

By Joyce Diana Ngwang*

Sarah, a British traveler had been to Paris three times. That was before the French capital hosted the 2024 Summer Olympic Games. She says she was shocked by the high rate of inflation in the town when she visited after the international multi-sport event the city hosted from July 26 to August 11, 2024.

“I’m shocked by how much everything costs”, Sarah told this reporter in Paris. She explained that a standard hotel room that used to cost €100 per night has risen to over €180 to €200.

“Even my favorite local bistrot in Le Marais has bumped up its menu prices—what used to be a €12 lunch special is now close to €18,” Sarah explained.

Tourists says restaurants like this Bistrot, which usually serve simple, hearty meals at moderate prices have also increased their prices.

Sarah’s experience is far from unique. Since the world turned its gaze to Paris for the Summer Olympics, the city’s hospitality industry has witnessed a surge in spending since athletes and spectators jetted into the city for the summer sporting event.

We learned average hotel room rates in Paris increased by approximately 30% during the games, with mid-range accommodations now ranging from €100 to €250 per night—compared to €80 to €150 before the games.

Dining has also taken a hit. A three-course meal at a mid-level restaurant has jumped from around €30-€35 to approximately €45-€50, marking a significant cost increase, according to visitors.

Paying more for same experience

Despite the high inflation brought about by the Summer Olympics, visitors confess the charm of Paris makes it worthwhile.

“I still love Paris, but I feel like I’m paying more for the same experience,” Sarah said.

Maya, another tourist from Germany shares same feeling.

“I like the people here. They’re friendly, they laugh easily, and they love children and dogs,” Maya said of Paris.

Valencia, visiting from Indonesia, found herself charmed by a city she had heard so much about. “It’s better than I expected,” she admits. “The weather is lovely, and the streets are cleaner than I imagined.”

Despite the rising costs, visitors are still obsessed with Paris’s charm. Marianna, visiting from Belarus, found herself wandering pathways she hadn’t explored before, discovering tiny bookstores and tucked-away patisseries, which she said were as enchanting as the landmarks themselves.

“It’s a different Paris, but it’s no less beautiful,” she said.

Visitors at the taking photos at Olympic symbol

Maya noted that accommodation was a bit steeper than her pre-pandemic visits, while Sah Terence, a journalist from Cameroon said he observed an increase of 15–20 euros per night. Yet, they all found ways to embrace the city’s beauty on a budget.

Lessons for Cameroonian cities

The economic impact of the Olympics in Paris offers valuable lessons for cities like Douala and Yaoundé, which may aspire to host large international events in the future, observers say.

“Paris’s experience demonstrates the need for post-event sustainability planning,” says Herve Nicole Minko, a Cameroonian sports enthusiast living in southwest-central French city of Limoges who attended the Games. “Investments should serve the community beyond the event itself, creating lasting value for residents.”

Paris’s approach underlines the importance of infrastructure that not only accommodates the surge in visitors but also enriches the lives of local residents in the long term. For Cameroon, ensuring that investments benefit the community, while balancing the economic boost from tourism, could be key to hosting successful future events.

Paris remains one of the world’s most enchanting cities, but for many, its charm now comes with a higher price tag. Some visitors feel the Olympic legacy has brought a new vibrancy to the city, while others worry about long-term cost implications. As the city continues to evolve, both locals and tourists will need to adapt to its changing economic landscape.

For cities like Douala or Yaoundé that may consider hosting international events, there’s a valuable lesson: while such events bring prestige and visibility, the challenge lies in balancing economic gains with affordable living for both residents and visitors.

*Joyce Diana Ngwang is a journalist at Vision 4 TV in Yaounde and a Guest Writer for NewsWatch. She recently returned from a training program in France focused on media and democracies.

Tags: Paris Olympic Games

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe

Related Posts

Minister urges timely completion of Bamenda road works ahead of Pope Leo XIV’s visit
Economy

Minister urges timely completion of Bamenda road works ahead of Pope Leo XIV’s visit

March 24, 2026
Access Bank Cameroon strengthens strategic partnership with gov’t to support development
Economy

Access Bank Cameroon strengthens strategic partnership with gov’t to support development

March 24, 2026
Tony Elumelu Foundation names 30 Cameroonian entrepreneurs in 2026 cohort
Economy

Tony Elumelu Foundation names 30 Cameroonian entrepreneurs in 2026 cohort

March 23, 2026
New startup to guide SMEs as Finance Law sharpens focus on compliance
Economy

New startup to guide SMEs as Finance Law sharpens focus on compliance

March 23, 2026
Tony Elumelu Foundation Opens 2026 Entrepreneurship Programme
Economy

Tony Elumelu Foundation to unveil 2026 TEF cohort Sunday

March 19, 2026
Instant payments surge across Africa – New report
Economy

Instant payments surge across Africa – New report

March 19, 2026
Donga Mantung: Godlove Talla Nji’s FCFA 30M Unity Cup final to be played Friday!

Donga Mantung: Godlove Talla Nji’s FCFA 30M Unity Cup final to be played Friday!

December 3, 2020
George Ewane appointed Major National Dialogue spokesman

George Ewane appointed Major National Dialogue spokesman

November 25, 2020
MAG Sarl Engineer Alvan Njonjo honoured for excellence on Ring Road project

MAG Sarl Engineer Alvan Njonjo honoured for excellence on Ring Road project

June 17, 2026
European, African military officers browse CAMTEL’s digital security mechanisms

European, African military officers browse CAMTEL’s digital security mechanisms

July 24, 2025
MIPROMALO prioritises job creation projects in 2025

MIPROMALO prioritises job creation projects in 2025

December 30, 2024
Minister urges timely completion of Bamenda road works ahead of Pope Leo XIV’s visit

Minister urges timely completion of Bamenda road works ahead of Pope Leo XIV’s visit

March 24, 2026
The Bagyeli community of Moungue Village. Photo credit: Madeleine Ngeunga/FPP

New oil palm project puts Cameroon indigenous communities at risk – again

March 4, 2021

Parliament authorizes Biya to strengthen military cooperation with Russia, UK

December 5, 2023

Experts seek best practices to curb antimicrobial resistance in Africa

November 28, 2024

FEDIPRESSE rallies Cameroon print media to adapt to digital transformation

June 30, 2024

Cameroon hails MMA star Boris Atangana after explosive PFL Europe victory

May 26, 2026

NFC Bank survives insolvency, gets new management

August 10, 2025

Maiden “Living Together” festival receives Culture Ministry’s nod

February 13, 2025

Carlos Baleba eyes Manchester United move

April 28, 2026

Hope and Support: The Welisane Foundation’s Breast Cancer Pink Walk

October 21, 2024

October poll opportunity to reclaim Cameroon’s stolen future – Joshua Osih

August 4, 2025
NewsWatch Cameroon

Trustworthy, timely and tenacious: that's our newspaper. For 10 years, we have delivered quality journalism that informs, inspires and challenges our readers. Join us as we continue to make a difference in the world of news.

#NewsWatch@10

  • News
    • Front-page
    • Tech
    • Politics
    • Society
    • Sports
    • Environment
    • Economy
    • Religion
  • Abouts
    • About Us
    • Our Team
    • Privacy Policy
  • Contact Us

Sign Up for our News letters

NewsWatch Cameroon Anniversery

© 2024 Newswatch Cameroon All Right Reserved.
Designed by JDC

No Result
View All Result
  • News
    • Front-page
    • Tech
    • Politics
    • Society
    • Sports
    • Environment
    • Economy
    • Religion
  • Abouts
    • About Us
    • Our Team
    • Privacy Policy
  • Contact Us

© 2024 Newswatch Cameroon All Right Reserved.
Designed by JDC