Hotels hike up prices six-fold for Oktoberfest
The Local · 15 Sep 2014, 15:30
Published: 15 Sep 2014 15:30 GMT+02:00
- Five reasons to visit (and to avoid) Oktoberfest (30 Jul 14)
- German beer culture in 11 gulps (23 Apr 14)
- German beer sales sink to 25-year low (30 Jan 14)
The world’s largest beer festival starts this Saturday on Munich's Theresienwiese, bringing in hordes of tourists who will need a place to rest their heads after days filled with beer-guzzling and pretzel-devouring.
The Local compared prices of Munich hotels for the first nights of Oktoberfest, September 20th and 21st, to their rates for the same rooms during less-busy times of the year. From the the lowliest of the one-star hotels to the most glamorous five-star suites, hoteliers are doubling or even quintupling their prices.
In the one-star category, Hotel Modern’s rate of €89 for a double room jumps to €279 for the night of September 21st - a 213 percent increase.
The two-star Hotel Daheim charges €64.60 for a double room after Oktoberfest, but an Oktoberfest room would cost more than three times the price at €218.50.
At three-stars, Hotel Blutenburg charges €81 euros per night, but during Oktoberfest the same room goes up by 181 percent to €228.
One of the biggest jumps in prices that The Local found was at the four-star King’s Hotel First Class. The hotel advertises a two-bed room at €88.21 per night after Oktoberfest, but the same room shoots up to six times that price during Oktoberfest to €544.50.
Five-star Hotel Vier Jahreszeiten Kempinski charges €690 for an executive room - the least expensive room still available when The Local searched - for Oktoberfest.
Outside of the festival the same room is offered as low as €416 - a mark-up of about 66 percent.
Prices on Airbnb also saw a bump.
The lowest price for a room advertised during the first weekend of Oktoberfest was €80 and the highest was €590.
Outside of the festival the lowest price was around €40 and the highest was still €590.
Oxana Bytschenko from Regensburg told The Local via Twitter that she found a place to stay during the first weekend through Airbnb for €200 for two nights. “That’s cheap,” she said.
Finding a reasonably-priced hotel in Munich during Oktoberfest season can be competitive. The vast majority of visitors tend to come from nearby - 72 percent according to city authorities. But that still leaves millions more looking for accommodation.
The city has about 60,000 hotel beds and 400 hotels and hostels.