ive stayed in hyatt place that was sold out due to competition etc for kids
as noted many booked rooms did not pay what is 'currently' being charged
basically all chains
can be IMHO very overpriced, because of name recognition
Originally Posted by
rny321
St. Regis in Osaka was priced less than some lower category MPG hotels. Things like proximity to an event will obviously influence prices. When one of my children was competing at a national championship, the hotels closest to the venue were understandably more expensive than those that were farther away. The group rate for the Sheraton, which wasn't even that close to the venue, was about $50 more per night than the group rate for the Four Seasons. We stayed at the Four Seasons, which was about a mile away farther away, and used the free (except for tips) car service for the entire competition.
Originally Posted by
s0ssos
Do you know whether the group makes any money from those rates?
revenue is not just from room rate at one hotel