The demographics we target are struggling to justify the hundreds, if not thousands of dollars we charge for tickets and we can’t figure out why
The demographics we target are struggling to justify the hundreds, if not thousands of dollars we charge for tickets and we can’t figure out why
even more if it's a well known festival, hotel/airbnb rates can jump 300%+ given specific weekends.
I've heard that some festivals are trying to beg hotels to not bump up the prices
Yup, experienced this at EDC 2017. Rates went from ~$120 per night before the dates were announced, to over $300.
Only way I've found to beat the price hikes is, if you know roughly when a festival will be, put in reservations for multiple weekends before the actual dates are announced. Then, after you know which reservation to keep, you cancel the other ones.
Example: EDC happens in early- to mid- May. So book reservations for every weekend in from late April to late May, then cancel the others once the dates are announced.