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Discussion in 'Europe' started by uggboy, Nov 2, 2014.
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Dublin hotels set to milk Web Summit with 600pc price hikes
It is sad ...
Such behaviours will prompt event organisers not to consider Dublin for subsequent events especially if turn-out are impacted due to the accommodation "inflation".
The Maldron on Parnell Square is my home base when I'm in Dublin as they have free wi-fi, a hot breakfast at a reasonable price, and they're within a walkable distance to O'Connell Street and the shopping areas around there. I don't think I've ever paid more than 80 euros a night ($100) at this time of year. Even on St, Patrick's Day, when I'm back in Dublin and rates easily jump to 2-3 times normal, their rates only jump to $250 a night, about 200 euros (won't be staying as I found something else for $150 a night that works just as well). Can't imagine paying $450 a night (360 euros). The value is most definitely not there at that price point.
Guess it's basic supply and demand.
Not that unusual. The rates go up in most (all) cities when the demand increases. Try getting a cheap room in San Francisco when OpenWorld or Dreamforce are in town. Looking at the availability on Hotels.com and Orbitz, there seem to be many hotels 4-5 miles from the city center (e.g., near airport) that are quite affordable.
Agree and I certainly run into tons of them.
But how much the increase before it is "akin" to "profiteering"?
Ironically, those that gets away with really high increases (in percentage) are the lower end properties...
A (usual) 60 pound >> 360 pound rate is huge in terms of percentage (600%)
A (usual) 360 pound rate will be more difficult to raise price of a similar magnitude as it would then price as 2,160 pound.
I dunno. It's not like a hurricane displaced all these visitors from their homes and they are between a rock and a hard place.
Right. But the profit margin was probably already higher on the 360 pound rate rooms.
Here are some cheap options:
Prices are lower than usual!
I'd think I'd pay the $67 dollars and take a cab if there is no convenient public transportation.
Nah... they are here for conference so they certainly are not "desperate" folks..
Some innocent tourists might get caught up in the "cross fire" but overall, this is as the article said it... hoteliers are just milking the occasion for short term profits.