Quote:
Originally Posted by Freefall
Screengrab from the livestream
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Now that's a great pic. Lolla pulls in tons of out of town money for their gigs.
BTW im not trying to troll or redirect this issue.
I could have posted this in the general thread but there were no other discussions on the pros and cons of Lolla 2018 yet. At least you posted a pic on it and the buildings going up around the fest.
Every year some building is going and growing up around them.
[When I remember When BCBS was expanding and the head of the fest found it amazing.]
Lolla regardless if you like it or not pulls in thousand of the younger generation into the city to see how it plays and works. The business articles post on the impact of hotels and Airbnb's putting millions in the pocket of people that would not otherwise get because all of the hotels are fully booked. I looked at some prices at hotels for this weekend and most of them were gouging twice the normal daily rate.
I think Chicago is not over satuated with hotelires yet. The very expensive ones we might be but your average midwestern traveler is not going to pay over 300 dollars a night for a mid grade hotel when the city is saturated.
I think we have the high end covered and many more rooms are coming on line.
But it seems we are lacking in mid price hotels at the current moment.
IMO a mid price hotel with a thousand rooms could be completive for the 15 to 20 year old travelers and those that use hostels.
Not everyone uses all of the exclusive things a 4-5 level hotelier provides. I mean I know they are most fully booked at this time but rooms that go for 270 at the most are asking 500 now before taxes per night. To me that is price gouging.
Most just what to stay out all night and just have a place to crash.
That's why we are seeing such cheap ass Airbnb prices in some of the not most safe hoods in the city. Money matters to those that follow music festivals.
I just hope no one is robbed because >90 of lolla is white and a lot of them are from out of state or even the country.
One bad mugging or worse would give the city an eyesore for a long time and again invite the entire news dedicated to link every bad thing Chicago can do to you.
I just hope for a non eventful festival. That is my concern for this weekend.