Cheltenham hotels skyrocket to £891 a night as Festival frenzy grips punters ahead of biggest racing meeting of the year
PUNTERS travelling to the Cheltenham Festival will have to pay a pretty penny for accommodation, with hotel prices skyrocketing to £891-a-night.
Fans will flock to Cheltenham Racecourse in March for the most anticipated event of the racing calendar.
But finding somewhere to stay overnight is proving a hassle.
Many hotels have already sold out between March 15 and 18.
And rooms that remain are listed for a fortune.
Booking a double room at the four star Malmaison Hotel in Cheltenham for this Sunday would set you back £90.
The Malmaison is a hotel that DOES still have some rooms available during the festival.
But the same standard double room, containing a queen size bed, goes up in price by nearly ten times during the Festival.
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An overnight stay on March 15, checking out on the 16th, currently costs £891.
This is listed on the website 'Trip' as containing a six per cent discount from its £953 price.
The package includes wifi and two hotel breakfasts.
Malmaison Hotel is around a 35 minute walk from Cheltenham Racecourse.
They are currently sold out on March 16 and 17.
Fans are desperate to witness the action, having missed out on last year's behind-closed-doors event.
Tickets are available to punters from £40, although the minimum for Friday's Gold Cup is set at £70.
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