Industry NewsHotel Rates Skyrocket for Trump Inauguration

Hotel Rates Skyrocket for Trump Inauguration

WASHINGTON, D.C.—Individuals who plan on visiting Washington, D.C. for the Presidential Inauguration of Donald Trump can expect to spend a lot of money on their accommodations. According to the latest survey conducted by CheapHotels.org, hotel rates are reaching record heights in the nation’s capital for Inauguration Day.

Currently, roughly 15 percent of hotels in central Washington are still offering available rooms for Jan. 20, 2017, the day Trump will be sworn in as the USA’s 45th president. On average, they are charging guests 367 percent more than usual.

Some hotels are hiking up their rates a lot more. One such example is the Kimpton Hotel Palomar. Conveniently located less than 5 minutes’ walk from Dupont Circle, the Kimpton is charging $1,419 for a room on Inauguration Day. That figure represents an increase of more than 800 percent compared to its regular rates. An even bigger price gouger is the Liaison Hotel Capitol Hill, which is located just 0.31 miles from the United States Capitol Building. It is charging guests $1,499 for a room, a price tag that is almost 1000 percent more than is typical of the establishment.

For the cheapest available room in the center of Washington on Jan. 20, inauguration goers will have to spend around $500. If they arrive on Jan. 19 and are willing to stay two nights, they will spend at least $900 in total. Slightly more affordable hotels are available only on the outskirts of the city, around Ronald Reagan Airport and in the suburbs.

According to Barbara Adams from CheapHotels.org, “Never have hotel rates been pricier in the history of Washington, D.C. So attendees will have to spend even slightly more than for Obama’s inaugurations in 2009 and 2013.”

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