Hotels that rip off guests for big sporting events should be made to sign a pricing pledge
The woman in front of me in the queue asked how much it was to book a room in the Dublin hotel. I didn't hear the quote but I did hear her reply. " I only want a room. I don't want to buy the place."
The hotels in Dublin have upped their prices. The days of bringing bulky army surplus sleeping bags under oxters are back, and most affairs are carried on in traditional venues such as in the backs of cars. A Dublin hotel manager told me one time he had built up to 112pc occupancy. Being the canny economist that I am I spotted the flaw straight away. "112pc?" I asked. "The lunchtime trade," he replied. There are different kinds of wraps.
We spotted the upward trend some time ago and issued a profits warning here. But no one took any notice. I should've changed my name by deed poll to Nostradamus, or even David McWilliams, who successfully predicted the bust here and now he's been proved right about Australia.