While the average person - like you and me - in Iceland is drowning in an average debt, mortgage, possible car payments and starving from the price of food, some rich people appear to be getting richer.
Out of the corner of my eye I noticed the room prices at Hótel Rekjavík have gone up considerably.
I think you need to keep in mind that Iceland is hoping for a lot of tourism this summer because of our worthless currency, any other one will go a long way. For once Iceland looks cheap, to everyone but the people who live here.
Like when westerners go to India.
OK, maybe not that bad.
Anyways, we are expecting a lot of tourists because other currency's will go further but the prices of hotels have gone up so much more that I think this plan might be blown.
If anyone is paying attention.
When I was working in a hotel the price for a single room was between 8 000 and 10 000 IKR a night, now these prices have doubled or tripled. More in some cases.
Look at Hótel Rekjavík for example (they only advertise in euros) the price for a single room is between 106 and 203 Euros or 17 000 - 35 000 IKR.
This is a huge increase over a year. So where is this extra money going?
I admit the price of food has gone up alot, but they only need to supply breakfast.
No ones wages have gone up that much, most have been cut and those are lucky to still have a job.
I guess there is a chance these Hótel owners have a lot of debt as well and the interest is killing them, like it is killing the rest of us.
Who knows?
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