Mardi Gras sends Sydney hotel prices soaring

Mardi Gras sends Sydney hotel prices soaring
By admin


Hotel prices have rocketed in Sydney as the city prepares for the revelry of Mardi Gras weekend, hotel booking site Trivago has revealed.

On the evening of March 1 when the event’s celebrated parade takes place, hotel prices have shot up by 25% with an average price tag of $277 per night.

Prices are highest in the area directly surrounding the parade area, with room rates around the Hyde Park area up 42% to average $310 per night as compared with the $219 average during March. The further from the action, the lower the price, says Trivago. The average price of a hotel room 2-5km from the parade zone is $276 per night, while those staying 5-10km from the action will pay $188.

“Unless the parade can be viewed from the hotel’s balcony or window, it definitely seems more appealing for visitors to get value for money by staying a little further out from the event the night of the Mardi Gras parade, where the savings can be around 40% on average,” a Trivago spokesperson said.

However, the higher prices are only slightly higher than those of last year. In March 2013, Sydney hotels were priced at $269 on the day of the parade – 3% less than this year. Overall March hotel prices averaged $208 last year – 5% less than this year.

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