The dining area of a Le Bristol Paris suite. — Photo by 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.

The Bristol’s top Imperial suite went up to €30,000 a night during the week of Aug. 29, says Hodoul-Baudry, a 20% increase. The price for the hotel’s entry-level rooms has also increased—by €300, to €2,290—following a jump in demand since May.

Read the full article at BloomBerg.com