How significantly have hotel rates surged for the F1 race weekend?

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Hotel Rates Show Significant Increases for F1 Race Weekend

Hotel rates in areas surrounding the Sepang International Circuit, including Cyberjaya and Putrajaya, have experienced substantial surges in anticipation of the Formula 1 race weekend from October 2 to October 4. While some hotels have seen rates at least triple, the extent of the increase varies significantly across different establishments, with a few showing only modest price hikes. Concurrently, other major sporting events occurring during the same period may also be influencing these pricing trends.
Tune Hotel KLIA-KLIA2 Experiences a Dramatic Price Jump

The Tune Hotel KLIA-KLIA2 has demonstrated one of the most significant rate increases, with its Deluxe Double Room listed at RM1,564 per night for the F1 race weekend. This contrasts sharply with the RM200 charged for a four-night stay on typical weekends, indicating a more than seven-fold increase for a single night during the event.
Sama-Sama Express KLIA Terminal 2 Maintains Stable Pricing

In contrast, the Sama-Sama Express KLIA Terminal 2 shows a much smaller fluctuation in pricing. A Standard Double or Twin Room is priced at RM431 per night for the race weekend, which is reported to be nearly the same as rates on normal weekends.
Zenith Hotel Putrajaya and Le Meridien Putrajaya See Elevated Rates

Higher-end accommodations also reflect increased demand. The Zenith Hotel Putrajaya's Executive Suite is priced at RM1,578 per night during the race weekend, a slight increase from its normal weekend rate of RM1,507. Similarly, Le Meridien Putrajaya is charging RM2,650 per night for a Twin Bed Guest Room during the F1 weekend, a substantial rise from the RM615 charged on normal weekends.
Moxy Hotel Putrajaya, DoubleTree by Hilton, and Sheraton Petaling Jaya Show Varied Increases

Other hotels in the vicinity also report elevated rates. The Moxy Hotel Putrajaya's Moxy Queen room is listed at RM1,200 per night for the race weekend, compared to RM350 on normal weekends. The DoubleTree by Hilton Kuala Lumpur's Deluxe Twin Room is priced at RM720 per night during the race weekend, up from RM608 on normal weekends. Sheraton Petaling Jaya's Deluxe King Room is listed at RM702 per night for the race weekend, more than double the RM356 charged on normal weekends.

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How significantly have hotel rates surged for the F1 race weekend?

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