Olympic Trip to Paris 2024 Guide to Budget Travel and Airbnb Stays with Eiffel Tower Views

Written By: Rana Pratap

Rana Pratap

My formal education culminated with a Master's in English from Dibrugarh University in 2015, but my real-world learning began simultaneously. Over ten years ago, while still a student, I joined Travel and Tour World as an intern, eager to nurture my love for travel in a professional setting. It has been a privilege to grow with this company, maturing from that initial role into a leadership position. As a Senior Writer and Team Leader today, I comfortably blend my passion for travelling with years of industry experience along with mentoring a creative team.

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July 8, 2024 9:22 PM |

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Airbnb gears up for Paris Olympics 2024, welcoming global travelers with budget-friendly stays, local experiences, and views of the iconic Eiffel Tower.

Airbnb, the San Francisco, California-based company, is gearing up for an unprecedented surge of travelers as Paris prepares to host the 2024 Olympics. With the world’s spotlight on the City of Light, Airbnb is pulling out all the stops to ensure a seamless experience for visitors from every corner of the globe. This monumental event is not just a test of athletic prowess but also a testament to the power of global community and hospitality. While attending the Paris Olympics, travelers can also visit the iconic Eiffel Tower, adding a memorable experience to their trip.

TTW Editor in Chief Mr. Anup Kumar Keshan said: “Airbnb is making the 2024 Paris Olympics unforgettable for travelers worldwide. They’ve expanded their listings, offering everything from budget homestays to luxury apartments. New platform features ensure easy booking and enhanced safety, while local experiences let visitors explore Paris like locals, including the Eiffel Tower. Airbnb’s commitment to sustainability and their support for hosts show their dedication to community and hospitality. It’s not just about finding a place to stay; it’s about making the Olympics a memorable and seamless experience for everyone.”

Statistics and Trends:

As of March 31st, nights booked during the dates of the Olympics are over five times (400%) higher than they were in the Paris region the same time a year ago. Paris, the most searched city on the platform during the event, has seen an all-time high for active listings. There’s an increase of nearly 40 percent in the Paris region compared to a year ago, as hosts prepare to welcome domestic and international travelers.

While guests from over 160 countries and regions have already booked their stays during the event, travelers coming from the US are leading Olympics-related travel, booking over 20 percent of stays in or near host cities during the Games. The big medal-winning countries of 2020 are also strongly represented in terms of the nationality of guests traveling to France during the Olympic Games: most of the 10 countries that have booked the most travel to France are among the top medal winners from Tokyo 2020. French guests are currently in third place in terms of nights booked, but domestic bookings are expected to increase closer to the event as the majority of ticket holders are French.

Growth from Asian Markets:

In terms of growth, Asian countries are leading the leaderboard: Airbnb has witnessed the highest increase in travelers coming from Mainland China, India, Hong Kong (SAR), and Japan. This is followed by Czechia, Mexico, Ireland, Brazil, Luxembourg, and Colombia.

Financial Performance:

Airbnb ended 2023 with another strong quarter. In Q4, Nights and Experiences Booked totaled 99 million, growing 12 percent year-over-year, and marking the highest fourth quarter ever. Revenue of $2.2 billion grew 17 percent year-over-year (14% ex-FX). Q4 net loss was $349 million, and excluding non-recurring tax items, Adjusted Net Income was $489 million—our most profitable fourth quarter. Adjusted EBITDA of $738 million represented a 33 percent Adjusted EBITDA Margin, up 6 percentage points from the year prior.

Making Hosting Mainstream:

We’re focused on making hosting just as popular as traveling on Airbnb, and we believe our approach is working. In Q4, our Host community surpassed 5 million Hosts around the globe. Active listings exceeded 7.7 million by the end of 2023, increasing 18% year-over-year with sustained double-digit supply growth across all regions. In 2023 alone, Hosts earned more than $57 billion. In 2024, we’ll continue raising awareness around hosting and improving the overall host experience.

Q4 revenue was $2.2 billion, up 17% year-over-year. Revenue increased to $2.2 billion in Q4 2023 from $1.9 billion in Q4 2022, driven by solid growth in Nights and Experiences Booked, a modest increase in Average Daily Rate (“ADR”), and an FX tailwind.

Expanded Listings:

In anticipation of the influx, Airbnb has introduced several innovative measures to accommodate the increased demand. They have expanded their listings, ensuring a diverse range of options from budget-friendly stays to luxurious accommodations. Airbnb is ready to welcome all travelers from across the globe with homestays, apartments, and various lodging options during the event. This expansion is crucial to providing travelers with more choices, catering to various preferences and budgets.

Enhanced platform features:

Furthermore, Airbnb is enhancing its platform with new features designed to make booking and staying in Paris more convenient. These include a streamlined booking process, improved customer support, and enhanced safety measures. Hosts are also receiving special training to provide exceptional hospitality, ensuring every guest feels at home.

Local Experiences:

One of the standout features is the introduction of local experiences curated by Parisian hosts. These experiences offer travelers a unique opportunity to explore the city through the eyes of locals, from hidden gems and culinary tours to exclusive events and activities related to the Olympics. This immersive approach promises to make the trip unforgettable, blending the excitement of the games with the rich cultural tapestry of Paris.

Sustainable Tourism:

Airbnb is also collaborating with local authorities to support sustainable tourism. This includes promoting eco-friendly accommodations and encouraging travelers to explore beyond the main tourist hubs. By doing so, Airbnb aims to reduce the environmental impact and spread the benefits of tourism more evenly across the city.

Visa For Paris Olympics:

The Paris electronic visa (eVisa) system, introduced in anticipation of the Paris Olympics 2024, simplifies the visa application process for international visitors. This digital platform allows travelers to apply online, eliminating the need for physical paperwork or embassy visits. France, as the first EU country to fully implement such a system, will issue around 70,000 digital visas integrated into accreditation cards for athletes, journalists, and other attendees. This initiative aligns with the EU’s broader plans for Schengen visa digitalization by 2026, making entry smoother and more secure for all visitors

Paris Olympics Accommodation Options Near Stade de France:

Flats:

• Flat in Opéra: Apartment Paris 9: 2 persons, 2-minute walk, ₹9,866 per night, ₹1,45,927 total, 4.31 out of 5 average rating.
• Flat in Batignolles (New): Charming cozy studio with balcony, Batignolles, 15-minute drive, ₹7,066 per night, ₹1,25,693 total.
• Flat in Buttes-Montmartre: Paris 17_Montmartre_Rue St-Jean, 2 rooms, 16-minute drive, ₹8,136 per night, ₹1,39,393 total.
• Flat in Buttes-Montmartre: Studio Montmartre, 8-minute walk, ₹11,696 per night, ₹1,90,295 total, 4.85 out of 5 average rating.
• Flat in Buttes-Montmartre: Charming Studio (Batignolles district), 13-minute walk, ₹7,570 per night, ₹1,21,117 total, 4.56 out of 5 average rating.
• Flat in Buttes-Montmartre (New): Appartement cosy au cœur de Montmartre, 14-min walk, ₹9,084 per night, ₹1,45,339 total.

Home Stays:

• Paris: Stay with Norah, Cozy and literary room Ménilmontant, ₹3,980 per night, 4.75 out of 5 average rating.
• Saint-Denis: Stay with Charlotte, Functional room in historic city center, ₹3,312 per night, 4.33 out of 5 average rating.
• Paris (New): Stay with Amélie, Room equipped and self-contained in Montmartre, ₹7,862 per night.
• Paris: Stay with Adrien, Double Bedroom – Park View – Faubourg Saint Denis, ₹8,138 per night, 5.0 out of 5 average rating.
• Paris: Stay with Marc, Apartment in Montmartre, ₹6,847 per night, ₹1,14,072 total, 4.9 out of 5 average rating.
• Paris: Stay with Jean Francois, Independent studette sunny, view on Montmartre, ₹6,665 per night, ₹1,10,708 total.
• Paris: Stay with Sylvain, Second bedroom, ₹5,303 per night, ₹89,365 total.
• Paris: Stay with Madeleine, Bedroom on the outskirts of Paris, ₹3,922 per night, ₹65,920 total.
• Paris: Stay with Olivia, One room in a flat – Montmartre/Batignolles, ₹11,015 per night, ₹1,78,942 total, 5.0.
• Paris: Stay with ThuThuy, Large studio in lively 11th, ₹8,129 per night, ₹1,32,768 total, 4.85.
• Paris: Stay with Agnes, Paris 2 single beds, balcony, garden, ₹4,393 per night, ₹72,544 total, 4.43 out of 5 average rating.
• Paris: Stay with Marie Helene (New), A place to be in the heart of Paris (room 2), ₹9,481 per night, ₹1,53,497 total.
• Paris: Stay with Théo, Cozy and serene room, ₹7,033 per night, ₹1,16,596 total, 5.0 out of 5 average rating.
• Paris: Stay with Nicot, Beautiful room in apartment, near Montmartre, ₹6,308 per night, ₹1,00,930 total.
• Paris: Stay with Vladan, Super private studio Lafayette, ₹10,546 per night, ₹1,71,896 total.
• Paris: Stay with Antoine, Charming Flat on the roof, ₹6,327 per night, ₹1,03,033 total.
• Aubervilliers (New): Stay with Hugo, Paris Stade de France, ₹4,168 per night, originally ₹5,053, ₹71,198 total.
• Paris: Stay with Hugo, Cozy room in the middle of the 9th, ₹8,516, ₹1,36,257 total.

Trending Rooms on Airbnb:

• Flat in Vitry-sur-Seine: Typical apartment near RER C / Paris train station, ₹7,932 per night, ₹1,30,979 total, 4.89 out of 5 average rating.
• Townhouse in Breuillet: NEW: Rustik ‘House 2 steps from RER C Station, ₹7,869 per night, originally ₹8,942, ₹1,27,168 total, 4.8 out of 5 average rating.
• Flat in Le Pré-Saint-Gervais: Studio Mondrian au Pré-Saint-Gervais, ₹5,504 night, ₹91,679 total, 5.0 out of 5 average rating.
• Flat in Aubervilliers: 2 rooms, 40m² fully equipped near to Paris, ₹11,401 per night, originally ₹12,485, ₹1,86,931 total.

The upcoming Paris Olympics is not just a sporting event; it’s a celebration of global unity, culture, and community. Airbnb’s preparations underscore their commitment to making this event a remarkable experience for everyone involved. With their innovative approach and dedication to hospitality, Airbnb is set to play a pivotal role in welcoming the world to Paris, ensuring that every visitor’s stay is as extraordinary as the games themselves.