Market pricing
Wow – what the market will bear is clearly the rule with hotels.
It was hard to find a place to stay in Houston that was within 30 minutes of our meetings. Turns out the Rodeo was in town that week and so rooms were scarce. We stayed at a really crappy La Quinta Inn in a depressing part of nowhere suburbia.
And here’s what the room cost
2/28: $41.45 per night
3/1: $243.58 per night
3/2: $22.16 per night
One night is worth more than ten times what the other night was worth?
Unbelievable. It was crappy every single night.