With Shared Software, Landlords Are Teaming Up to Raise Rents

Re:With Shared Software, Landlords Are Teaming Up to Raise R... by londons_explore on Tuesday August 13, 2024 @10:45AM (#41235978)

I believe this is widespread. There are plenty of hotels who have 100 rooms, yet only 6 are occupied on any typical night, yet they still price the rooms at $150/night.

Any sane manager would discount the rooms to $75/night, pulling in all the guests from neighbouring hotels, filling the place, and raking in a tidy profit.

Yet 'head office' says discounts aren't allowed, even if it increases revenue. Presumably because the CEO is mates with the competing CEO's and they all decide not to undercut eachother.

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Re:With Shared Software, Landlords Are Teaming Up to Raise R... by tome on Tuesday August 13, 2024 @10:54AM (#41236074)

> Presumably because the CEO is mates with the competing CEO's and they all decide not to undercut each other.

"Presumably" meaning what? Do you have some evidence or are you presuming it because it "feels right" as an explanation?

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Re:With Shared Software, Landlords Are Teaming Up to Raise R... by wasteduniverse on Tuesday August 13, 2024 @01:07PM (#41237268)

Presuming that the price fixing mentioned in this article is also applied to hotel prices (which the FTC and DOJ are also looking into right now).

I really hate this anti-skeptic rhetoric that's becoming so popular on HN right now. It's like you can't even be suspicious of something without having evidence of it happening. But if you had evidence, you wouldn't be suspicious in the first place!

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Re:With Shared Software, Landlords Are Teaming Up to Raise R... by tome on Wednesday August 14, 2024 @07:04AM (#41244727)

But the person I'm replying to didn't say "the price fixing mentioned in this article might also be applied to hotel prices". He/she said "Presumably because the CEO is mates with the competing CEO's and they all decide not to undercut each other" which is a pretty specific presumption. One can be suspicious of something without having any actual evidence of course, but if you're going to share your suspicions on Hacker News I think it's reasonable to expect to ask be asked to substantiate them.

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Re:With Shared Software, Landlords Are Teaming Up to Raise R... by maerF0x0 on Thursday August 15, 2024 @07:56PM (#41261759)

You see things like this on planes. Some folks pay a lot, some pay a little. Once the flight's cost is paid for and it's absolutely going, then even $1 is additional profit.

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Re:With Shared Software, Landlords Are Teaming Up to Raise R... by ceejayoz on Tuesday August 13, 2024 @10:52AM (#41236063)

Any sane manager will know there's a too-low amount at which point you start to lose money on the room, because you had to pull in an extra housekeeper, a certain percentage of people pee on the bed or break a chair, sheets need laundry, fees to the corporate franchise, there's a $10 food credit for anyone with Gold status, etc.

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Re:With Shared Software, Landlords Are Teaming Up to Raise R... by lotsofpulp on Tuesday August 13, 2024 @10:49AM (#41236029)

Any sane hotel manager knows that not all hotel clientele have the same level of risk, so you don’t just lower the price until every last room sells. Just one person can cause a disturbance that results in having to refund multiple other hotel guests. One factor of a nice hotel room is nice hotel guests that keep rooms nice and don’t cause issues.

Also, outside of money laundering or something, no hotel is operating on 6% occupancy.

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