PS - I’m not on the “Trump will be back in DC March 4” bandwagon; I am neutral and admit I know nuttin’ about what Trump is planning, what he will do, or what’s actually going on right now. But it is sort of interesting that those two dates have had triple rates for some time for no apparent reason. Just wondering why, maybe we’ll find out, maybe not!
Thanks LJ.
Interesting.
One situation one must consider here is that the higher rate doesn’t reflect demand. 4X normal seems like a lot, but if you compare the actual cost versus the incomes, desires and economic capabilities of ~100,000,000 Trump voters it’s easy to see that if the available number of rooms for those dates were subject to an actual bidding war the rooms would be much more expensive even considering their acquisition was for a speculative, low probability event.
It’s more likely that the room management personnel/software recognizes a slight deviation in demand (from a few speculative drop followers say) quite a few months back, and begins to adjust pricing accordingly. It then only takes a few of the 100m Trump supporters to recognize that, put 2 and 2 together so to speak, and feed into it some.
It’d be interesting to see the spike compared to the rate spread at the first inauguration...