Hotel room rates have been climbing these days in Da Nang city in anticipation of an international fireworks festival there, despite a cap imposed by authorities.
With the Da Nang International Fireworks Competition being set for Apr 29 and 30, most small hotels along the beaches now offer rooms at three or four times their usual prices, at VND800,000 (US$38) a night for a double room and VND500,000 (US$26) per night for single room, for stays from Apr 27 to May 1.
They even refuse to book guests who stay for less than two nights.
This means they defy the city government’s regulation that room prices can only be raised by no more than 50% on two specific dates - Apr 29 and 30.
In reality, hotel owners still have ploys to charge higher prices even for Apr 27 and 28.
Local authorities have launched an inspection team to keep watch over hotels and impose penalties, including suspending business permits.
Many hotels along the Han River and some near the beach have almost run out of rooms for the festival.
However, the total booking rate has reached over 73% of hotels’ capacity and there are still plenty of rooms available both in and outside the city.
Compared to last year, 75 hotels with 2,393 rooms have been added for this year’s festival.