Tangentially related to my other post, my wife was relating to some of her colleagues my unwillingness to pay high prices for hotel rooms. I've been searching relentlessly every nook and cranny in places where the going rates right now seem to start around $400 a night for places that fit our itinerary.
Much chortling at my thriftiness wanting to spend a measly $200 for a sleep, and chat about the prices these families pay and feel are normal and fine. $1,200 a night for a room in Hawaii? Just fine. $2,200 a night for a two bedroom flat in Paris? No problem.
And so it goes on with many of our colleagues and neighbors. They seem to be perfectly fine paying 4 to 10+ times what I'm comfortable paying for a room night when traveling.
To be sure, to each their own! I don't have that hang up where I'm judgey or bothered or offended or jealous about how other people spend their money. It's their money, they should do whatever they want with it.
What I am though is bit perplexed. I don't understand it. Do people not see their funds, which for all of us at some level are limited, in terms of opportunity cost? Are pricey rooms that much better has to be worth it? I mean the places they stay are nice, convenient, everyone sleeps in a full size grown-up bed, etc.
Given how expensive so many rooms are, there must be a big segment of the population that is perfectly okay with paying a lot.
Maybe I need to try out the "oh that looks nice, I think I'd like that, it right where I want to be, click RESERVE regardless of the number" strategy. Maybe I would be wildly happy! And in the end it probably wouldn't make that much of a difference financially. But I have a really hard time actually doing it.