With less than a month to go before the Milan-Cortina Winter Olympics (6-22 February), the notion of sold-out hotels and holiday homes, especially in Milan, is not yet a reality. A quick search on the main booking portals reveals that in the Lombard capital, there is no shortage of availability. What’s missing, however, are affordable prices, particularly in hostels, as rates have skyrocketed in anticipation of the Olympic Games.
Accommodation in Milan is not yet sold out for the Winter Olympics
Hostels in Milan: Prices Doubled for the Winter Olympics
According to Il Giorno, a standard cabin with a bunk bed at Ostelzz Milano, located near Corso Buenos Aires, costs 122 euros per night. This price reflects the general trend, with rates in hostels more than doubling compared to non-Olympic periods. In contrast, prices plummet after the closing ceremony, returning to normal levels from February 23rd onwards.
The High Rates of Lofts, Hotels, and B&Bs in Milan
Those seeking independent accommodation face similar challenges. A loft near the Olympic village in via dei Fontanili is offered for 282 euros per night, totaling approximately 4,512 euros for the entire duration of the Games. Hotels and B&Bs also have high rates, with around 50,000 beds in hotels and over 60,000 apartments still available. The average price of a double room in a hotel in Milan during the Olympics is around 450 euros per night, breakfast included, according to the latest Federalberghi survey.
In Milan, hotel prices have doubled for the Winter Olympics
The distribution of prices by category is as follows:
- 2,000 euros per night for a 5-star hotel
- 600 euros for a 4-star hotel
- 400 euros for a 3-star hotel
- 250 euros for a 1 or 2-star structure
These prices are significantly higher than those recorded during major city events like the Salone del Mobile or fashion week. With around one million visitors expected, Milan aims to reach sold-out status quickly, leveraging the global event to boost tourism in the city and Lombardy.
A City Waiting for the Games to Be Sold Out
As Milan prepares to welcome visitors from around the world, the city’s tourism industry is poised for a significant boost. With prices set to attract high-end visitors, the goal is to fill the available accommodations and make the most of this opportunity. For more information on the Milan-Cortina Winter Olympics and accommodation options, visit Here