Shangri-La Sydney Not Worth Double Price for NYE
We wanted to complain about the overpriced rate for New Year's Eve at the otherwise above-average Shangri-La Hotel in Sydney but obviously there are enough people out there with cash, because it's sold out. Or let's imagine instead, that pre-economic crash, cashed-up Aussies booked this rooms and are now regretting paying up.
The Shangri-La's special New Year's Eve rate was going from A$650 ($420) a night and up, with a three-night minimum stay and full payment required in advance. Rooms with fireworks and harbor views would have gone for much more than that. Yet for nights around New Year's which are still available, you can get single nights from A$275 ($180) (we found one on December 27), yep--less than half the price.
Paying a ton of cash for New Year's Eve is often not worth it, especially in Sydney--if you really want to experience it, you want to spend the balmy summer evening out with the crowds at Sydney Harbour soaking up that fireworks atmosphere.
Much more appropriate for economic crisis mode, we recommend not even booking a hotel for New Year's Eve in Sydney--check out cheaply on the 31st and then celebrate properly before crashing back into a hotel on January 1. If more people did that instead of buying up big at places like the Shangri-La, the hotels would have to start offering reasonable rates again over New Year.