Anecdotal example.
I am the organizer of a veteran's organization reunion that is slated to be held in September.
Original group rate price for a standard hotel room - $89 plus taxes.
Current group rate price for the same room - $129 plus taxes.
Registration cost per person as originally estimated - $70. After crunching the numbers, the minimum we can plan is a registration cost of $100 per person.
Nothing is being comped - unlike previous years when a meeting room rental would be tossed in by the hotel. Current rental space for a meeting room - $300 per day.
Banquet costs have gone up from $20 per plate to over $30 per plate, with a $1,500 minimum and 20% added in for "administration fees." Oh, and let's not forget the sales tax rate of 9.75% and occupancy tax of 5%.
The association's president is now talking about canceling the reunion entirely, and I don't disagree. It's simply gotten too expensive. Most people won't attend. Flying to Jackson, TN for the reunion is too stupid because of government mask mandates, TSA's groping, and cost. With gas at $3.50 per gallon and up, driving costs have shot up 50% or more.
#SharterJoe Strikes Again.