Losangeleshotels.org: Hotel Rates in LA Rise Strongly for New Year’s Eve, Survey Shows

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Hotels in Los Angeles are raising their rates strongly for New Year's Eve, according to a new survey from Losangeleshotels.org.

New Year’s Eve revelers who plan to celebrate in Los Angeles but have secured no accommodation yet are fair warned. A few rooms can still be booked, but hotels are raising their rates strongly, some even exorbitantly, at this eleventh hour. That’s according to a new survey from LosAngelesHotels.org.

The survey uncovered that about 20% of LA hotels currently still have available rooms. On average, however, they have elevated their rates 102% over the usual price. Some, in particular those near the most popular beaches, are financially whacking their guests even more.

Case in point is a hotel close to Santa Monica Pier, a queen room here on December 31 is listed at $849. That price tag represents a 437% rate hike. Another hotel on the Venice Beach Boardwalk, is gouging New Year’s Eve guests even more, though. It’s charging $1199 for a double room on the last day of the year, or 649% more than it normally does.

For the cheapest available double room in a minimum 3-star hotel, out-of-towners currently will have to pay $200 in downtown LA or Beverly Hills. It they want to stay in Hollywood or Santa Monica, they can expect to pay upwards of $300. More affordable rooms can still be scored, however, in Manhattan Beach and Redondo Beach. There, guests will pay only around $150 on for a December 31 stay.

For more information about the survey, visit http://www.losangeleshotels.org/press/new-years-eve-2012.html.

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Danielle Carter
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