Why are hotel rooms so expensive now?

Why are hotel rooms so expensive now?

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Discussion

redrabbit29

Original Poster:

1,761 posts

139 months

Friday 3rd March 2023
quotequote all
Has anyone else noticed this, in the UK I mean?

I am looking at a Friday-Sunday stay in Sheffield in June.

Premier Inn is £206 per night.
Jurys Inn is £224 per night
Travelodge is £250 per night

I experienced this last October too, trying to book two nights in Newcastle and it was over £250 per night.

Where the feck are all the bargain hotel rooms, like the days when you used to be able to get a hotel room for £50.



Edited by redrabbit29 on Friday 3rd March 11:28

JagYouAre

456 posts

176 months

Friday 3rd March 2023
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Assume they are trying to claw back all the lost revenue from the last couple of years. I have also noticed there are a lot less bargains to be had and have done more Airbnb lately.

Not just UK either, we just booked our hotels for trip to New England later this year. I know Boston is supposedly one of the more expensive cities but the cheapest rooms (at non-dive-looking hotels) were £500 plus per night. Outside of the city wasn't much better to be honest.

StevieBee

13,373 posts

261 months

Friday 3rd March 2023
quotequote all
Any big events, sports, concerts taking place then? These tend to knock the prices up a bit.

Mark V GTD

2,399 posts

130 months

Friday 3rd March 2023
quotequote all
Sadly it’s like this everywhere in U.K. now. Prices have gone through the roof, presumably as mentioned earlier, to recoup the Covid losses which decimated the industry.

anonymous-user

60 months

Friday 3rd March 2023
quotequote all
Recently I was just thinking the same as the OP.

For nearly 4 years now, I have lived my life out of pretty much the same Premier Inn and the same Travelodge (in London), for work, and over the last few months the prices have gone silly.

Whilst I fully understand these places are businesses, and can charge what they want, it is certainly irritating me and others I know who use these sorts of places regularly for work.

StevieBee said:
Any big events, sports, concerts taking place then? These tend to knock the prices up a bit.
This is true.

Premier Inn, Travelodge, IBIS etc all use 'dynamic pricing' which means they gouge your eyes out if there is any kind of surge in demand for their rooms caused by local events.

Jamescrs

4,773 posts

71 months

Friday 3rd March 2023
quotequote all
I assume for a hotel in Sheffield there is an event on? Snooker maybe at the Crucible?

I had this issue myself once in Sheffield wanted to stay over for a night out with friends and it clashed with Snooker and i paid a hefty premium for it

redrabbit29

Original Poster:

1,761 posts

139 months

Friday 3rd March 2023
quotequote all
No major events that I know off in Sheffield. We are going to see a small-ish show at City Hall.

Actually, just saw the Actic Monkeys are playing on 9th and 10th! FFS. I may email them and ask them to cancel.

Truckosaurus

11,899 posts

290 months

Friday 3rd March 2023
quotequote all
Not being a Gammon, but there are currently many hotel rooms being used for short term housing, which can only increase demand for other establishments.

croyde

23,679 posts

236 months

Friday 3rd March 2023
quotequote all
Everyone overcharging and ripping us off is seriously pi55ing me off!!

It's stopping me from doing anything, as what with stupendous rises in energy bills and mortgages, I can't afford their taking the pee prices.

I suppose what amazes me is that it must be working as a business model as they still have plenty of customers willing to pay up.

Although most of my local pubs appear to be ghost towns these days as £30 for 2 wines and two ciders just isn't fun anymore.

For £200 a night I expect luxury not a faceless Premier Inn next to the Sainsbury's in Wandsworth with no parking, but it is opposite the ex Arndale Shopping Centre and Cineworld.

You can hear the drunken fights and screaming girls from your barren tiny bedroom. Lovely.

sociopath

3,433 posts

72 months

Friday 3rd March 2023
quotequote all
Was planning on an overnight in Yorkshire in August for a school reunion. Not in a pretty or tourist area, in fact it's the exact opposite, never been a problem before. Now the nearby holiday Inn is being used for homeless/refugees, so premier Inn have taken the opportunity to try and charge me £140 for a single room for one night.

I won't be staying over, unless I can get a mate to lend me a sofa.

redrabbit29

Original Poster:

1,761 posts

139 months

Friday 3rd March 2023
quotequote all
croyde said:
Everyone overcharging and ripping us off is seriously pi55ing me off!!

It's stopping me from doing anything, as what with stupendous rises in energy bills and mortgages, I can't afford their taking the pee prices.
I know what you mean.

My partner and I went out for a fairly average roast dinner about two weeks ago. That plus two drinks (mineral water + diet coke) came to nearly £50.


Radec

4,263 posts

53 months

Friday 3rd March 2023
quotequote all
Try having a look at Easyhotel in Sheffield it's in the city centre and was very cheap although you get what you pay for.

I've never paid more than £60 at Premier Inn.

Alternatively book Premier Inn say someone did a knock on run and woke you up so you didn't sleep well and they will refund you the price (or at least they used to)

anonymous-user

60 months

Friday 3rd March 2023
quotequote all
Radec said:
Try having a look at Easyhotel in Sheffield it's in the city centre and was very cheap although you get what you pay for.

I've never paid more than £60 at Premier Inn.

Alternatively book Premier Inn say someone did a knock on run and woke you up so you didn't sleep well and they will refund you the price (or at least they used to)
With regards to the Premier Inn price, I always used to pay about £60 a night, £70ish if their 'dynamic pricing' bumped it up, and over the 2 months this has now jumped to £95-105 a night, for exactly the same tired and shabby hotel.

deckster

9,631 posts

261 months

Friday 3rd March 2023
quotequote all
croyde said:
overcharging and ripping us off
<...>
what with stupendous rises in energy bills
scratchchin

ThisInJapanese

10,992 posts

232 months

Friday 3rd March 2023
quotequote all
I know what you mean. I booked a hotel room in London for next weekend in December, but couldn't find anything decent in the West End for under £250.

Seeing the same when I travel for work as well.

bitchstewie

54,457 posts

216 months

Friday 3rd March 2023
quotequote all
Time of year thing?

Sheffield shows Premier Inn in the city centre @ £75 tonight.

Sheepshanks

34,398 posts

125 months

Friday 3rd March 2023
quotequote all
croyde said:
Everyone overcharging and ripping us off is seriously pi55ing me off!!

It's stopping me from doing anything, as what with stupendous rises in energy bills and mortgages, I can't afford their taking the pee prices.

I suppose what amazes me is that it must be working as a business model as they still have plenty of customers willing to pay up.
Well, as a business if people will pay high prices it'd be a bit daft not to charge them.

It could be they're still short of staff so are using high pricing to limit numbers for that reason.


cuprabob

15,400 posts

220 months

Friday 3rd March 2023
quotequote all
croyde said:
Everyone overcharging and ripping us off is seriously pi55ing me off!!

It's stopping me from doing anything, as what with stupendous rises in energy bills and mortgages, I can't afford their taking the pee prices.
Those stupendous rises in energy bills and mortgages you refer to are also going to impact business costs therefore prices have to rise to maintain profit margin.

Vasco

17,166 posts

111 months

Friday 3rd March 2023
quotequote all
I agree - BUT....

Many people are looking only at the busy central hotels, there's many others a bit more outlying at cheaper prices.

Also, as everybody says, energy prices have shot up

popeyewhite

21,021 posts

126 months

Friday 3rd March 2023
quotequote all
cuprabob said:
croyde said:
Everyone overcharging and ripping us off is seriously pi55ing me off!!

It's stopping me from doing anything, as what with stupendous rises in energy bills and mortgages, I can't afford their taking the pee prices.
Those stupendous rises in energy bills and mortgages you refer to are also going to impact business costs therefore prices have to rise to maintain profit margin.
And to keep parity with profit margins we get wages strikes. I read the next ambulance crew strike will include ignoring strokes, so people will quite possibly die because of others' greed. Business/shareholders should accept there will times when profits won't relentlessly keep climbing. Money money money