who is paying rack rates at these places?
I am not a Communist and this is not a troll, BUT, the rack rate prices at the luxury hotels in most great cities are $600-$900 for a basic room. (Just looked up Four seasons- NYC.)
Are there that many people out there who pay those rates? Why do they spend this when I have had perfectly decent, central NYC/Paris rooms for less than $250. (Will be staying in the Essex House NYC next week for $202 a night)
How many of these rooms are being paid by their business or someone else?
This is not a rant on these prices,I understand they have to be super expensive due to real estate value.