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If you’ve planned a vacation of late, you’ll have no trouble believing the eye-watering figure from Virtuoso — a consortia of some 20,000 luxury travel agents — that luxury hotels are 85% more expensive this summer than they were in 2019. In Paris alone, prices have gone stratospheric, up 300 per cent over last summer’s rates, as hoteliers try to capitalize on the Olympic Games.

If you’ve planned a vacation of late, you’ll have no trouble believing the eye-watering figure from Virtuoso — a consortia of some 20,000 luxury travel agents — that luxury hotels are 85% more expensive this summer than they were in 2019. In Paris alone, prices have gone stratospheric, up 300 per cent over last summer’s rates, as hoteliers try to capitalize on the Olympic Games.

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