France faces glut of unwanted Olympics tickets

The number of unwanted Paris Olympics tickets available for resale has hit more than a quarter of a million, as lack of demand increases concerns just days before Friday’s opening ceremony that many athletes will compete against a backdrop of empty seats.

The number of listings rose to 270,465 on Monday, up from about 180,000 a month ago, a Financial Times analysis of the official resale site shows. The most expensive offers on the resale site are for the opening ceremony, with the best seats priced at €2,970.

Note:

Tickets must be resold at face value.

Ahem.  Here is the full FT story.