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French Prices Bring Tourist Business Drop
Paris faces a sharp fall in tourism revenue as prices rise. French officials and newspapers warn of declining American and European visitors, with June to August incomes down about 26 percent. Hotels raise rates. many travelers bypass Paris in favor of Spain Rome or Austria. 1962 balance of tourism fell from 26 million to 150 million dollars, likely lower this year.
MENTIONED IN THIS ARTICLE
Paris
UPI
France
Europe
Spain
Rome
Austria
Bath
Eiffel Tower
Louvre Museum
Sidwalk
England
Paris-presse