FlyerTalk Forums - View Single Post - Grand Hyatt San Francisco REVIEW

Sep 16, 2018 | 7:09 am

#567

platbrownguy

Join Date: Jul 2004

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Quote:

Originally Posted by Pickles

Maybe, but I wouldn't be so sure. Besides, at that point, if you're going to pay those kinds of rates, might as well get some value covered. Let's say that the "fair" rate of the GH San Francisco is $200, and the one at the St. Regis is $400. If the GH is $1,200 and the St. Regis is $1,400, which of the two is more guilty of price gouging? The 6x price scalper, or the 3x scalper?

The flaw in your argument (or a flaw, I should say) is that you presume that the "fair" price is the lowest-occupancy rate (indeed, the StR SF is going for $355 on Thanksgiving and Christmas Eve). That rates are higher when demand is higher is a feature of the system, not a bug.

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