SURGE PRICES?: Not exactly sporting

A recent study analysed the average nightly cost of an Airbnb over the dates of the world’s most popular sports events in 2022. The average cost of an Airbnb in the same area was also taken for the week before the event to demonstrate the difference in price. So, with the Canadian Grand Prix making its return this year, the research reveals the race has seen Airbnb prices in Montreal rocket by over 223.5%, with a one night stay averaging $848.

The study by money.co.uk research revealed the events impacting Airbnb prices the most.

The Canadian Grand Prix’s return to Montreal on June 17th., ranks in 5th place.

The event that saw rental prices jump the most was the PGA Championship. While an Airbnb costs $215 on average in the city in early May, prices increased by almost 600% for the week of the tournament, to $1,502.

The 2022 Kentucky Derby saw Airbnb prices in Louisville rocket by 342.8%, the second-highest increase of all 2022 events. Prices in the city averaged at over $1,481 per night for the prestigious race, a huge jump from $334 the week before.

Oh, one last thing …a definition of “sporting” – fair and generous in one’s behavior or treatment of others, especially in a game or contest.