When supply and demand becomes gouge and pilfer

January 20th will be a pretty big day for any business in the Washington DC area. It probably doesn’t matter whether you are selling doughnuts or special inauguration plates, people will be heading to DC in the millions ready to buy whatever it is you are selling.

With that many people, it is only logical that many of them will plan to stay the night, so naturally that drives the price of accommodations up a little. However, it appears that most hotels in the area have taken “a little” to a whole new level, way beyond what they usually do for special events.

Take for example the Crown Plaza Hamilton, a fairly basic 3 1/2 star hotel in the downtown area. This hotel normally charges between $85 and $100 for a standard room. Care to guess what they want for a night in a standard room during the inauguration?

That’s right, $1000 bucks. And not just anyone can get that rate, you’ll need to reserve at least 3 nights to get that “special rate”.

In their defense, they are by far not the only ones cashing in on this event, even suburban 1 star hotels are charging a staggering $699 a night (compared to their usual $59 rate).

Planning to go to the inauguration? Here are some tips to be prepared

As I watched President-elect Barack Obama’s victory speech on November 4th, 2008, I vowed to myself that our family was going to be in Washington D.C. on January 20th — if only just to catch a glimpse of the motorcade as it went by. It’s going to be such a historic moment, I thought to myself. We should be there.

Two days later, as I was frantically googling hotels and other places to stay, I realized that my original idea of visiting the Capitol city wasn’t all that original. Prices had skyrocketed, but that didn’t seem to hinder hotels from completely booking all of their rooms. Disappointedly, I gave up on my idea of my historic trip.

Recently, however, the New York Times published a few strategies for those of you who haven’t given up on the idea of heading to Washington for the big day. For example, consider checking out Craigslist.com or Homeaway.com for some non-hotel lodging. You never know what you might get.

In any event, check it out. And if you do end up going to Washington, let me know — maybe I’ll see you there.

JetBlue to offer “happy hour” fares in DC this afternoon

JetBlue seems to be kicking up their marketing tactics into high gear. Just a few weeks ago the airline started selling tickets on Ebay, and coming up in the next few weeks will be sponsoring “happy hour fares” in several target cities.

According to JetBlue spokesman Morgan Johnston, the airline will be setting up a happy hour bar-eqsue setting in select locations around the cities where people can mill about and see special last minute fares that will only be available at that location. Tickets will be available on a first come first serve basis for upcoming last minute weekend fares, and as customers see fares they like published on a blackboard, they can jump on the tickets on the spot.

Whether JetBlue will dynamically adjust the price of their last minute fares based on demand is an interesting question. Depending on how many people show up to the events, they may have a hard time selling strange flights at strange times. Or maybe people will just get excited and buy anything.

The overall goal, however, is pretty clear: get a group of dedicated JetBlue customers isolated, fired up about travel and in the spending mood then throw some tickets to the fray — let the excitement of the moment overtake any reasonable doubts on prices. The same thing applied to the earlier sales on Ebay — nobody really got a good deal, but in the heat of the moment, winning an auction is much more fun than saving on tickets.

Today’s happy hour takes place in Washington DC, between 3:30 and 6:30 PM at the Reston Town Center Pavilion (11900 Market Street at the intersection of Discovery St.) Let us know how the the sales go and if it’s a good deal we’ll post more dates.

Washington Union Station celebrates 100 years

Train stations are not frequently thought of as a hub of transportation and commerce – in a lot of cities, they’re worn down, dilapidated, built in what has become the bad part of town, and in many cases, abandoned. Thanks to the past couple of decades, though, and a remarkable public-private partnership of a number of organizations, Washington D.C.’s Union Station has become the antithesis to that mold. Now, it’s a thriving hub with high-end shops and restaurants that sees 32 million people passing through every year – including 56% of all air/rail traffic between Washington, D.C. and New York City.

Completed in 1908, the building, like multitudes of other train stations, fell into disuse after World War II and eventually was all but abandoned. Amtrak passengers used a makeshift terminal behind the main building for many years during the 70s and early 80s. Thanks to a mammoth public-private partnership, however, WUS received a $160 million face lift, completed in 1988, that brought high-end retail, shops and restaurants to the storied building. This weekend (and, in fact, all year), the building is celebrating both the 100-year anniversary of its construction and the 20-year anniversary of its rehabilitation. Events this weekend include an exhibit of both modern and historic passenger rail equipment and a display of archival photos of the station. If you can’t make it in the near future, though, check it out the next time you’re in the city; it’s a building worth seeing.

(Via CNN)

Photo of the Day (09.30.08)

Much as we don’t want to admit it, summer is officially over and fall is here. This Photo of the Day was taken in Washington DC, where I spent part of my Monday evening, and where I could see signs of the season changing all around me. At least the best part of autumn, my favorite season, is still ahead of us.

Flickr user ohad* took this picture at the National Zoo in DC.

Have any cool photos you’d like to share with the world? Add them to the Gadling Pool on Flickr, and it might be chosen as our Photo of the Day.