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Depends on the kind of hotel. And after the market settles, hotel rates may not be as high. A key aspect of hotel rates is that they fluctuate with demand. Whe
by xapata 8y ago
Depends on the kind of hotel. And after the market settles, hotel rates may not be as high.
A key aspect of hotel rates is that they fluctuate with demand. When you come into town for the big event, the rates may be 4 times higher than staying on a cold, boring night. A long-term stay will be much cheaper per-night than a nightly rate.
- jessaustin 8y agoIn my part of midwest USA, multiple giant hotels seem to be nearing completion: EIFS is nearly complete, windows have been in a couple of months, concrete parking lot is poured, etc. Apparently investors are expecting a lot more travelers to this thoroughly ordinary area.