TRUMP INAUGURATION: Hotel rates up 927% in D.C.
No matter your political leanings, you may need to take out a lien on your mortgage in order to attend the presidential inauguration of Donald Trump in Washington D.C.
According to trivago.com data, hotel rates for the historic event have reached astronomical heights – with a room in the nation’s capital now costing an average $2,071/night on January 20th – a 927% increase when compared to the week before inauguration.
|Week Before Inauguration||Nightly Rate||Inauguration||Nightly Rate||% Increase|
|Thursday, January 12||$237||Thursday, January 19||$1,308||452%|
|Friday, January 13||$202||Friday, January 20||$2,071||927%|
|Saturday, January 14||$206||Saturday, January 21||$739||258%|
* Rates based on hotel searches conducted on trivago.com between Nov 9, 2016 & Jan 5, 2017 for a standard double room.
Historically, hotel rates in Washington D.C. are at their lowest of the year in winter. The trivago Hotel Price Index recorded an average nightly rate of $204 in January 2016, second only to December 2016 when rates dropped to $197/night.
NOTE: Unfortunately, as trivago had not yet entered the U.S. market when President Barack Obama was first inaugurated in January 2009, we are unable to provide hotel rates for the event.
*Cover image: Flickr – InSapphoWeTrust
Founded in 2005 and headquartered in Dusseldorf, Germany, trivago is a global hotel search platform focused on reshaping the way travelers search for and compare hotels. trivago’s mission is to “be the traveler’s first and independent source of information for finding the ideal hotel at the lowest rate.” As of September 30, 2016, trivago’s global hotel search platform offered access to approximately 1.3 million hotels in over 190 countries. trivago’s platform can be accessed globally via 55 localized websites and apps in 33 languages.