Subscribe NOW

Enter your email address:

Text Message our CEO:


or on twitter

Free Resources

Click Here to learn more

In The Media

What Happens at a SxSW Firesale!?

by Larry Chiang on March 10, 2016

By Larry Chiang

Fire sale = selling at deep discount 
Real estate sometimes gets short sold. What I mean is sold at a loss. I know hotel rooms have high margin, so while there is a profit, there is less profit when hotels hold a Firesale. 

At #SXSW, hotels rooms are being sold at very low prices. For example, Sheraton Hotel


Buy low, sell high. #cs183a (arbitrage) 

When buyers do not buy, the price gets lowered. 

This is bordering on a weekend rate when it should be double-the-rack rate. 

Larry Chiang (@LarryChiang)
Fire sale at #SXSW#cs183a (arbitrage)

Larry Chiang (@LarryChiang)
Fire sale at #SXSW. #cs183a (arbitrage)

Leave a Comment

Previous post:

Next post: