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Crisis discounts at highend hotels?

Crisis discounts at highend hotels?

Old Sep 21, 08, 12:50 pm
  #1  
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Crisis discounts at highend hotels?

It is quite likely that the economy will head south and stay there for some time. Naturally, the travel industry, especially high end, will be hit. Shall we pool together information for discounts?
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Old Sep 21, 08, 1:47 pm
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It's called priceline.com
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Old Sep 21, 08, 1:58 pm
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In the last few days Ive noticed prices going UP. A couple of weeks ago I booked 7 nights in the Dusit resort Pattaya for 280, last night I checked and they want 109 per night for the same dates.
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Old Sep 21, 08, 6:33 pm
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define high end.
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Old Sep 22, 08, 2:18 am
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We were at Four Seasons Hampshire over the weekend. We had booked a B&B rate at £365 per night, but rebooked about 3 weeks ago when they introduced a new package at £365 per night which included breakfast and a £50 hotel credit. However, that is hardly a massive discount!

Four Seasons Florence is still showing Euro 855 for the 3 nights we are there in November for a Four Seasons Room, although I got a discount by booking through Virtuoso.

In general, if you are truly high end, you don't need to discount much. If you are the best in town, those people who want the best in town will go to you whatever your rates - unless the gap between you and the 2nd / 3rd best in town (and these are the guys who really suffer) gets too wide to justify.

It also depends on destination. According to one of the UK newspapers yesterday, UK bookings to the Maldives are sharply down at present. However, the Russians have discovered the islands this year and have taken up the slack (and more) left by the UK fall off.
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Old Sep 22, 08, 6:07 am
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Originally Posted by KNRG View Post
It's called priceline.com
Excellent!
I'd like to bid $176 on the Indrakila Suite at Amankila.

Seriously, there might be some deals on luxurylink.com.
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Old Sep 22, 08, 8:45 am
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I think that luxury properties are loathe to discount their room rates, even temporarily one of the reasons being that it becomes difficult to bring the rates back up to their previous levels once the economic situation improves .

I think that they are more likely to (as noted above) increase offerings of packages, spa and Food/beverage credits, and "get the fourth night free" incentives such as LHW and the Luxury Collection do at times. This can save considerable money - for example, a hotel charging 400 per night will sell a 4-night stay at 1200 instead of 1600, making the effective rate 300 over the entire four-night stay.
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Old Sep 23, 08, 8:04 pm
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Originally Posted by Raffles View Post
Four Seasons Florence is still showing Euro 855 for the 3 nights we are there in November for a Four Seasons Room, although I got a discount by booking through Virtuoso.
Its a real gem of a hotel. Please report back Raffles.
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Old Sep 23, 08, 9:41 pm
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What you mentioned would still be a discount, a great one.


Originally Posted by Non-NonRev View Post
I think that luxury properties are loathe to discount their room rates, even temporarily one of the reasons being that it becomes difficult to bring the rates back up to their previous levels once the economic situation improves .

I think that they are more likely to (as noted above) increase offerings of packages, spa and Food/beverage credits, and "get the fourth night free" incentives such as LHW and the Luxury Collection do at times. This can save considerable money - for example, a hotel charging 400 per night will sell a 4-night stay at 1200 instead of 1600, making the effective rate 300 over the entire four-night stay.
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Old Sep 23, 08, 10:31 pm
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Originally Posted by IncyWincy View Post
What you mentioned would still be a discount, a great one.
Agreed. And by making the offer applicable only to multi-day stays, it provides the hotel with increased opportunities for incidental income, making it even more of a win-win situation for both the hotel and for the guest.
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Old Sep 23, 08, 10:48 pm
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Originally Posted by IncyWincy View Post
What you mentioned would still be a discount, a great one.
those kinds of specials are always running...
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Old Sep 24, 08, 8:02 am
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Conde Nast Traveler has an article on this: In short - locations that attract a mostly US$ clientele are starting to offer good deals.
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Old Sep 24, 08, 8:39 pm
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Originally Posted by erik123 View Post
Conde Nast Traveler has an article on this: In short - locations that attract a mostly US$ clientele are starting to offer good deals.
are any of the specials unusual...?

Last edited by Kagehitokiri; Sep 24, 08 at 9:58 pm
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Old Sep 25, 08, 1:01 am
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Please, if you can afford $400+ a night on luxury hotel rooms, the economy is not going to hurt you so hard you will need a discount.

Just more fear mongering BS.
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Old Sep 25, 08, 1:54 am
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What you WILL see is what I found at Capella Castlemartyr in Ireland in July (which IS US$ dependant). The property basically abandons, overnight, the idea of being a luxury hotel and fires a large percentage of its staff, without telling pre-booked customers in advance.

Castlemartyr is now amazingly cheap, by the way. Service stinks but the rooms, pool etc are obviously as they were originally!
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