Looking to secure lodging near Cal Poly San Luis Obispo, University of the Pacific or Chico State during graduation week? Book early.
Before you know it, loved ones will be beaming with pride while their academic star walks on graduation day feeling nervous, excited and relieved to the tune of Edward Elgar’s “March No. 1 in D,” better known as the processional “Pomp and Circumstance.”
College graduations are a cap and gown-wearing cash cow for hotels in close proximity of commencement venues, and heaven help the Type-B traveler coming in for the ceremony and usual obligatory family events. Procrastinators run the risk of seeing “no vacancy” signs on even low-rated properties, and if by some miracle there’s room at the inn at the 11th hour, chances are good that the rate is bad. You might also run into a minimum-nights policy.
“Most hotels utilize a revenue management system that suggests rates based on supply and demand,” explained Robert Rauch, CEO of R.A. Rauch & Associates, a San Diego-based hotel management and consulting firm. “So, when, say, 3,000 room requests come in for 1,000 total units in a market, two things happen. One, rates at hotels of closest proximity to the event raise their prices because their booking pace is unusually fast. Two, rates at properties nearby catch on and raise their rates.
It’s even more of a seller’s market in so-called college towns, which, by loose definition, are small cities with a charming downtown walkable from campus. Think San Luis Obispo, Chico, Davis and, in a bit of a stretch, UCLA’s Westwood neighborhood. At graduation time, it’s not atypical for even three-star properties to charge for a weekend what a grad’s grandparent might have paid for a year’s tuition back in the day.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Travel Tips for Better Diabetes ControlDiabetes shouldn't stop you from traveling! Learn tips for packing diabetic supplies, controlling blood sugar while changing time zones, as well as improving your airplane travel with diabetes.
Read more »
Supporters of suspended Cal swim coach Teri McKeever write letters on her behalfMcKeever’s attorney said that 48 letters have been written, defending the coach’s reputation. The letters, however, don’t dispute or address specific allegations made against her.
Read more »
Louisville and Cal both fall to 0-7, simultaneously post worst starts in major conference historyCollege basketball has a new rivalry this season: Louisville and Cal's race to the bottom.
Read more »
USC races past cold-shooting Cal in Pac-12 openerReese Dixon-Waters scores 10 of his career-high 17 points during a 20-0 run in the second half that propels the Trojans to a 66-51 victory over the winless Golden Bears.
Read more »
Trojans race past Cal 66-51 in Pac-12 openerReese Dixon-Waters scored 10 of his career-high 17 points in a 20-0 run in the second half that lifted Southern California to a 66-51 win over California in the Pac-12 Conference opener Wednesday night.
Read more »
LA Kings put goaltender Cal Petersen on waiversPetersen, 28, went on waivers the day after allowing four goals on 16 shots in relief of Quick during a 9-8 overtime loss to the Seattle Kraken on Tuesday night. Quick was pulled after giving up five goals on 14 shots.
Read more »