Skyrocketing Hotel Prices Hit Taylor Swift Fans in Canada
Fans face exorbitant accommodation costs as Taylor Swift's tour arrives in Toronto and Vancouver.
- Hotel prices in Toronto and Vancouver have surged up to ten times their usual rates during Taylor Swift's concert dates.
- Swift fans are resorting to selling their concert tickets or bartering them for accommodation due to the high costs.
- Economists attribute the price surge to increased demand, while consumer advocates criticize the lack of price regulation.
- Some fans are finding creative solutions, such as swapping tickets for stays at fellow fans' homes.
- Consumer protection laws in Canada do not clearly define price gouging, complicating regulatory responses.