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Analysis Of Supply, Demand And The Super Bowl By Matt Bonesteel

686 Words3 Pages

In the article “Supply, demand and the Super Bowl create the perfect storm for Minneapolis hotels,” author Matt Bonesteel describes how the supply and demand for hotels shift during the time of the Super Bowl. According to Bonesteel, hosting the Super Bowl in a city that does not have a large number of hotels makes it hard for those who attend the game; you are either stuck with lousy rooms that are at least 30 minutes away from the stadium, or nicer rooms that seem to have quadrupled in prices. As Bonesteel describes it, either way, “Super Bowl hotel prices are going to be extreme no matter who’s hosting the game.” The author goes on to explain that Minneapolis’s small hotel market shrinks even more due to the NFL reserving so many rooms for players, staff, celebrities, press, and the families involved with the company. He also states that Airbnb, an online marketplace that allows buyers to rent short term lodging, is not any better, with prices going over ten times the original just for Super Bowl weekend. Finally, Bonesteel states that any route will cost any person a large amount of money. …show more content…

The main claims that are presented in the article are the prices of hotel rooms during Super Bowl weekend, in a city with a tiny hotel market, are pricey, along with other options as well. The evidence that supports these claims are rankings from various hotel websites, articles from newspapers regarding prices and numbers of hotel rooms, prices directly from hotels and primary sources, and articles from TV news stations. I believe that these claims are valid, due to the credibility of the author, sources, and evidence. Even though the article does not get into the minor details and definitions of economic aspects, it is still a well written piece that easily demonstrates how supply and demand affects our

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