San Diego ComicCon May Be Leaving San Diego, Due to Hotel Price-Gouging
Comic-Con International may leave San Diego due to hotel price gouging. Concerns about unsustainable rates, limited block rooms, and accessibility issues prompt considerations for relocating to accommodate the growing audience.
Read original articleComic-Con International organizers are considering leaving San Diego due to hotel price gouging. The current situation with hotel pricing, where some hotels charge exorbitant rates during the event, is deemed unsustainable. Comic-Con's lease with the San Diego Convention Center expires in 2025, prompting concerns about the event's future in the city. The issue lies in hotels offering fewer rooms at block rates, leading to inflated prices for attendees. This behavior threatens the event's accessibility and could drive away fans, impacting exhibitors and media impressions. With the lease ending and key personnel changes, Comic-Con may explore moving to a different city to accommodate its growing audience. Despite a history in San Diego, organizers are open to considering other venues to ensure the event's success. The message is clear: if the current hotel pricing situation persists, Comic-Con may have to relocate to better serve its attendees and stakeholders.
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this problem continues to get worse despite more hotels being built nearby. “It doesn’t have to do with supply. It has to do with allocated room blocks in those properties.”
some hotels have been making fewer and fewer rooms available in the [discounted] blocks, knowing they can charge top dollar on the open market.
The con negotiated a lower rate, but since demand is so high and users will still pay top dollar, the hotels see less and less reason to bargain.
I don't know how true the supply quote is - California is quite adverse to building anything.
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