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The Only Derby Hotel We Will Be Staying In is The Couch Hotel

Whether you're headed to the Kentucky Derby tomorrow to actually watch the races or just to don a silly hat and stalk Paris Hilton, you'll be happy to know that there are hotel rooms open. But they will cost you a pretty penny.

For instance the Embassy Suites is charging $450 a night. Granted, it's a suite and you can fit four friends in there easily but still, are people really going to shell out that much for the Derby? Similarly, the Hilton Garden Inn is now charging $579 a night. And The Brown Hotel is asking for $1,333 a night. Um. Ok. If you say so.

Your best bet for affordable Derby hotels continues to be budget brands outside the city center. Louisville doesn't have that much of a boutique hotel scene to begin with and the existing rooms have been sold-out for a long time.

If you're not celebrating the Derby in New York, then we say just wear a crazy hat from the flea market, make your own mint julep and plop yourself down on the couch to watch the races instead.

[Photo: Flickerized]