In the run-up to the Olympic Games in Paris this summer, hotels drastically increased their room prices and many residents hoped to make a killing by renting out their private flats. Two and a half months before the start of the Games, however, many hotels and private landlords are still waiting for bookings and prices are beginning to fall noticeably. While the average price for an overnight stay in a hotel was €699 ($755) several months ago, it has now fallen to €411, the Paris Tourist Office said on Monday. By comparison, the average price in July 2023 was €202 and €161 in August. According…