[matthewb0051]

Had a great weekend with our oldest getting his college class ring, it is a big tradition.

Thursday night hotel was $119; Friday night for same hotel was $400. If you arrived Friday, it was a 2 night minimum. I can't imagine spending $800 for 2 nights in Holiday Inn Suites.

I just spoke with next door neighbor. Her kid is at same university. She said she has 2 rooms booked for graduation, Embassy Suites, 2 nights. Her total is $4,000. I about fell over.

So my question is this: is this price gouging? I get the supply/demand thing but I don't see how a $120 room becomes a $400 room just because an event is happening on a particular weekend. I could understand about $250 but this seems a bit excessive.

The location is not Austin. Just a small college town with a big university.

It looks like the Texas Deceptive Trade Practices Act prohibits this type of activity BUT only after the Gov has declared an emergency. So that sucks and isn't helpful.