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Free-Spending American Tourists Are Pushing Hotel Prices Up, Up, Up

In Paris, luxury hotels are logging their best summer season ever—and bumping rates on some top suites by $5,000 a night.

The dining area of a Le Bristol Paris suite.

The dining area of a Le Bristol Paris suite.

Source: Le Bristol Paris

One of Paris’s most expensive hotel suites just got even pricier. A night in the top suite at the Bristol, one of the city’s famed palace hotels, has risen by €5,000 ($4,990) as American tourists, traveling with their strong dollars, have returned en masse to the French capital.

Le Bristol, a three-minute walk from the presidential Élysée Palace residence, increased all its room rates following a summer season that broke records in terms of occupancy and average rates, says Catherine Hodoul-Baudry, the hotel’s commercial and marketing director. She expects the high-end hotel to have its best year ever.