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Only Rich Folk Will Be Attending the Kentucky Derby

The Kentucky Derby will be held this year on Saturday, May 2 and it's sure to be less glitzy than other years thanks to the economy and well, the loss of Anna Nicole Smith. Her absence is still felt two years later. Oh well, there's always Heidi Montag or Lindsay Lohan to step in.
But despite these tragedies, hotel room rates are not coming down. Even though, hotels are moaning about the loss of business and empty rooms for Derby weekend, you will be hard-pressed to find any mildly respectable hotel brand that is not going for less than $200. In fact, most room rates are averaging about $350.
We checked rates on our own Hotel Rates Search Engine and found the Hyatt Place Louisville for $449 a night. The Hilton Garden Inn was $579 a night and the Hyatt Regency Louisville was $1,130 a night. The uber-cool 21C Museum Hotel was sold-out.
These rates turn us off entirely and we can only imagine that rich folk are spending that much money for a Derby hotel room. Perhaps as the weekend gets closer and hotels realize they aren't selling out will the rates come down. But we won't bet (har, har) on it.
[Photo: Flickerized]

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