132 days before the opening ceremony of the 2024 Olympic Games, investors are taking bets on the fallout from this global event.
This major sporting event is also an important issue for many listed companies.
At least 15 million visitors are expected in Paris to attend the competitions.
A crowd that will have to be accommodated, fed, entertained and who will also make purchases and bring back souvenirs.
The tourism and hospitality sectors are on the front line.
Hotel groups should in fact stock up during this period.
The French champion of the sector, Accor, also an official partner of the event, noted reservations taken further in advance than usual, but also stronger demand for the weeks surrounding the Games.
Also read: The secrets of Parisian palaces to fill up during the 2024 Olympics
The group, however, intends to charge prices
“already observed during major events in France”
.
No providential windfall to be expected, therefore.
Especially since an effect could…
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