We're f—ked': California's music festival bubble is bursting (www.sfgate.com)

submitted 1 day ago by take_five_seconds@hexbear.net to c/music@hexbear.net

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The demographics we target are struggling to justify the hundreds, if not thousands of dollars we charge for tickets and we can’t figure out why

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[-] Robert_Kennedy_Jr@hexbear.net 21 points 1 day ago

Even without the tickets most people are looking at 300-400 just to get there and pay for food/party favors for the weekend.

[-] take_five_seconds@hexbear.net 19 points 1 day ago* (last edited 1 day ago)

even more if it's a well known festival, hotel/airbnb rates can jump 300%+ given specific weekends.

[-] GVAGUY3@hexbear.net 9 points 1 day ago

I've heard that some festivals are trying to beg hotels to not bump up the prices

[-] Tower@lemm.ee 8 points 1 day ago

Yup, experienced this at EDC 2017. Rates went from ~$120 per night before the dates were announced, to over $300.

Only way I've found to beat the price hikes is, if you know roughly when a festival will be, put in reservations for multiple weekends before the actual dates are announced. Then, after you know which reservation to keep, you cancel the other ones.

Example: EDC happens in early- to mid- May. So book reservations for every weekend in from late April to late May, then cancel the others once the dates are announced.