It looks like some people that rent out their homes through Airbnb are looking to cash in on the NCAA Men’s Basketball Final Four this weekend in Minneapolis!
I’m sure many hotels are at a premium price…but raising your price from $175 per night to $2100 per night during the tournament seems a bit extreme. Here’s what an email we got from AirbnbWATCH this morning had to say:
“The report reveals rates for many Airbnb listings, increasing by hundreds of dollars per night during this year’s March Madness – Final Four Tournament. These findings are similar to those released weeks ago relating to Mardis Gras in New Orleans, LA. An Airbnb rental in Minneapolis, which is normally rented for $175 per night, was being advertised for $2,100 per night during March Madness – Final Four. A typical three-night stay at that apartment would cost a total of $756, but the same length of stay during March Madness – Final Four would cost more than $7,700.”