The Wall Street Journal

The rise of the $1,000-a-night hotel room

The rise of the $1,000-a-night hotel room
The number of US hotels with an average daily rate of US$1000-plus has quadrupled in the past five years. (Image: Sam Kelly/WSJ, iStock)
The Wall Street Journal
By Dawn GilbertsonIt used to be that paying US$1000 (NZ$1600) a night for a room got you a swanky suite or primo view with perks. Today, that price might not even get you in the door at some luxury hotels.And we’re not just talking about holiday weekends or big events like Taylor Swift concerts.Want to check into the Ritz-Carlton New York NoMad the first weekend in October? That’ll be US$1,300 for a standard room. A room at the Four Seasons Miami Surfside that weekend starts at US$1,500 – with an advance-purchase discount. Pre...

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