What happened in KC with these hotel rates? It's been a few years since we came to KC and as an example the Embassy Suites for a random date in June is $648 a night all in. Even this absolute dump of a hotel, the Rodeway Inn at Admiral and Paseo is $100+. Is this the Superbowl affect?
KC Hotel rates are outrageous
Re: KC Hotel rates are outrageous
Did you, um, pick different dates before posting your anecdote?
The $648 is not normal. Is that the date of your visit? If so, that's not random.
The $648 is not normal. Is that the date of your visit? If so, that's not random.
Re: KC Hotel rates are outrageous
Could be the weekend **googles** Luke Combs is at Arrowhead? I bet that drives some hotel nights. Or maybe Boulevardia?
Re: KC Hotel rates are outrageous
KC Rev Par is pretty low still.
Occupancy * Rate = Rev Par
Occupancy * Rate = Rev Par
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Re: KC Hotel rates are outrageous
KC hotel RevPar a bit above Midwest metro average as of Q4 last year. Q1/2023 report not out yet...
https://www.nmrk.com/storage-nmrk/uploa ... eports.pdf
https://www.nmrk.com/storage-nmrk/uploa ... eports.pdf
Re: KC Hotel rates are outrageous
i am talking about the actual RevPar $, not just how KC is doing % gain over previous year.earthling wrote: ↑Sat Apr 29, 2023 2:31 pm KC hotel RevPar a bit above Midwest metro average as of Q4 last year. Q1/2023 report not out yet...
https://www.nmrk.com/storage-nmrk/uploa ... eports.pdf