By William O'Connor
From Bloomberg News
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 percent more expensive this summer than they were in 2019. In Paris alone, prices have gone stratospheric, up 300 percent over last summer’s rates, as hoteliers try to capitalize on the Olympic Games.
