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We're f—ked': California's music festival bubble is bursting (www.sfgate.com)

submitted 1 day ago by [email protected] to c/[email protected]

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The demographics we target are struggling to justify the hundreds, if not thousands of dollars we charge for tickets and we can’t figure out why

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[–] [email protected] 7 points 22 hours ago

Yup, experienced this at EDC 2017. Rates went from ~$120 per night before the dates were announced, to over $300.

Only way I've found to beat the price hikes is, if you know roughly when a festival will be, put in reservations for multiple weekends before the actual dates are announced. Then, after you know which reservation to keep, you cancel the other ones.

Example: EDC happens in early- to mid- May. So book reservations for every weekend in from late April to late May, then cancel the others once the dates are announced.