Forget about BONKING during F1

[Funner]

the room rates will kill you

 

 

$350 per room per night at Hotel 81 during F1

AsiaOne | Wed, Sep 21 2011

SINGAPORE - With the Formula One (F1) just around the corner, even non-track side hotels stand to be big winners here, charging almost double their usual room rates.

 

Rooms at Hotel 81's branches at Bencoolen and Bugis, located near to the track, are going for about $350 a night on Friday, Saturday and Sunday - about twice the regular $159 weekend rate.

 

The lowest-tier hotels in Geylang, for example, now cost $130 per night, up from $80, reported The Straits Times (ST).

 

There is typically a room rate hike during race weekend as hotels have to pay a F1 tax with those by the track having to fork out 30 per cent of the price of each room they fill, while those away from it pay 20 per cent.

 

The night race for F1 will take place in Singapore on Sept 23-24 for the fourth consecutive year.

 

According to ST, hotels tend to benefit as their room rates go up by more than the tax amount and many of them expect occupancy rates to be high, if not fully booked over the three days of the grand prix.

 

Hotels like Marina Mandarin Singapore, which is by the track, is charging $750 for premier rooms, up from about $400 normally. The hotel is currently 95 per cent booked for race weekend, and expects a full house.

 

At The Fullerton Hotel, which is already almost fully booked, rates start at $1,000 a night for at least three nights. As for Marina Bay Sands, rooms are going for at least $2,000 for three nights.

 

Even hotels located at Orchard Road are charging higher prices. Rooms at Royal Plaza on Scotts cost $580 per night, up from $360 on a typical weekend. The hotel is 71 per cent full between Thursday and Sunday, General manager Patrick Fiat told ST.

 

It is the same story at Fairmont Singapore, Swissotel The Stamford, Pan Pacific Singapore and the Millennium and Copthorne hotels.

 

 

[Dinosaka]

Staircase?

[Shull]

the room rates will kill you

 

 

$350 per room per night at Hotel 81 during F1

AsiaOne | Wed, Sep 21 2011

SINGAPORE - With the Formula One (F1) just around the corner, even non-track side hotels stand to be big winners here, charging almost double their usual room rates.

 

Rooms at Hotel 81's branches at Bencoolen and Bugis, located near to the track, are going for about $350 a night on Friday, Saturday and Sunday - about twice the regular $159 weekend rate.

 

The lowest-tier hotels in Geylang, for example, now cost $130 per night, up from $80, reported The Straits Times (ST).

 

There is typically a room rate hike during race weekend as hotels have to pay a F1 tax with those by the track having to fork out 30 per cent of the price of each room they fill, while those away from it pay 20 per cent.

 

The night race for F1 will take place in Singapore on Sept 23-24 for the fourth consecutive year.

 

According to ST, hotels tend to benefit as their room rates go up by more than the tax amount and many of them expect occupancy rates to be high, if not fully booked over the three days of the grand prix.

 

Hotels like Marina Mandarin Singapore, which is by the track, is charging $750 for premier rooms, up from about $400 normally. The hotel is currently 95 per cent booked for race weekend, and expects a full house.

 

At The Fullerton Hotel, which is already almost fully booked, rates start at $1,000 a night for at least three nights. As for Marina Bay Sands, rooms are going for at least $2,000 for three nights.

 

Even hotels located at Orchard Road are charging higher prices. Rooms at Royal Plaza on Scotts cost $580 per night, up from $360 on a typical weekend. The hotel is 71 per cent full between Thursday and Sunday, General manager Patrick Fiat told ST.

 

It is the same story at Fairmont Singapore, Swissotel The Stamford, Pan Pacific Singapore and the Millennium and Copthorne hotels.

 

Hmmmm... who charge the F1 tax? gahment?

[LoverofCar]

Anyone with unoccupied flat to rent out for transit? Can earn good $....

[Takumi21]

i thought i am in e wrong forum...

[FHM]

nvm carpark oso can. some gals like bonk bonk dere

[Tarzan666]

3 days nia.. cant tahan meh..

 

go pcc la.. foc

[Picanto]

Staircase?

 

where you recommend?