Report dismisses price-gouging as reason Dublin hotels raise rates during concert dates

Hotels have largely benefitted from the price increases though in recent times. For example, Ireland’s largest hotel provider Dalata reported bumper revenues following room rate rises

Hotel room occupancy surpassed 90% on May 5, when Bruce Springsteen was performing in Dublin, which drove the average daily rate above €250.

Hotels in Dublin hiked room rates on dates when high-profile concerts were scheduled due to capacity constraints amid high demand, according to a report that dispelled claims of price-gouging.

A report published by Fáilte Ireland, the State body responsible for the tourism sector, on Dublin hotel pricing showed room rate ‘premiums’ were charged on concert nights of headline acts as room supply struggles to facilitate the extra demand pressure that comes with large-scale events.