Originally Posted by
Kacee
Room rates are typically set by revenue management software, which uses an algorithm for which demand is the key input. So prices will go up in high demand situation without any "intent" on the part of management at all.
Might as well chastise Marriott for taking advantage of OpenWorld or Dreamforce to charge a grand a night in SF.
I use one variable to track the health of the US tech industry - hotel rates and customer service levels in Bay Area hotels.
When tech is in a down cycle, rooms get relatively cheap (under $175 or so for full service properties), they actually provide a decent level of customer service and actually seem glad to have you staying there.
When it's a boom time, 50 year old Fairfield Inns charge $225 and you're lucky if they don't hand you your key and tell you to go F-yourself when you check in.