The Pertamina Grand Prix of Indonesia 2024 has already sold 6,360 tickets, showcasing strong anticipation for the event. However, rising hotel prices in the area are causing concern for potential attendees, with the NTB Governor’s Regulation allowing price increases up to three times the standard rate in the first ring area surrounding Mandalika.
The upcoming wedding of Anant Ambani and Radhika Merchant in Mumbai has caused a surge in hotel prices and limited availability in the Bandra Kurla Complex (BKC) area. Hotels like Trident and Oberoi are fully booked, while Sofitel is seeing a significant increase in rates during the wedding week. The Mumbai police have also issued a traffic advisory for the event, with road closures and diversions planned around the Jio World Convention Centre, where the wedding will take place.
Parents attending college graduations or family weekends face exorbitant hotel rates in smaller college towns. Due to limited room availability and high demand, pricing algorithms significantly increase costs. To avoid this quandary, consider booking accommodations early (up to a year in advance), exploring alternative options such as Airbnb or VRBO, or utilizing secondary markets to offload prepaid rooms.
