VOICED: Cannes gears up for low-frills festival

The video discusses the impact of the financial crisis on luxury events, highlighting a shift from extravagant offerings to more budget-friendly options. It notes a decline in activities and sponsorships at a film festival, with fewer visitors and shorter stays. Despite this, Hotel Martinez remains popular, fully booking its rooms and penthouse suite, maintaining its allure with glamorous film stars.

What changes have caterers made due to the financial crisis?

• They have started serving more luxurious items.

• They have switched from champagne to sparkling wine.

• They have increased the number of items served.

• They have stopped serving any beverages.

How has the financial crisis affected the film festival?

• More yachts are being rented.

• Visitor numbers are expected to increase.

• Fewer big brands are sponsoring events.

• The state has increased its annual subsidy.

What is one of the reasons for the decrease in visitor numbers at the film festival?

• Visitors are expected to stay longer.

• More big brands are sponsoring events.

• The festival has been canceled.

• The state has canceled its annual subsidy.

Despite the financial crisis, how has the Hotel Martinez maintained its appeal?

• By offering discounts on all rooms.

• By reducing the price of its penthouse suite.

• By having all its rooms fully booked.

• By canceling all bookings.

What is the cost of the penthouse suite at the Hotel Martinez during the festival?

• €50,000 per night

• €10,000 per night

• €36,000 per night

• €20,000 per night