As the New England Patriots prepare to face the Atlanta Falcons in Houston on Sunday for Super Bowl LI, hotel companies are competing to attract fans headed to the big game.
Extended Stay, headquartered in Charlotte, N.C., operates 629 mid-price hotels in the U.S. and Canada, and may be a good option. The company announced Wednesday morning that it is still offering booking discounts at its 19 hotels within a 50-mile radius of Houston's NRG stadium, where the Super Bowl will be played.
Extended Stay is offering one-bed rooms in Houston during the Super Bowl weekend for as low as $94.99 a night, according to its website. The company said in a statement today that rivals like Airbnb and HomeAway (AWAY) offer options starting at $600 a night.
"Events like this are definitely moments to remember, but we understand that, between the cost of game tickets, transportation and pre-game festivities, it's easy for such a moment to have lasting effects on fans' wallets," said Terry Atkins, Extended Stay's VP of marketing.
If you were fortunate to secure a room at the Houston Marriott Westchase, which announced the completion of a $20 million renovation just in time for the Super Bowl, you will experience a number of improved features including a new club lounge and refurnished rooms.
The rooms are all booked for this weekend --the hotel is 13 miles from NRG stadium-- so it is unclear how much they cost. Rooms at the Westchase are offered for as low as $89 a night when there is not a major event in the area.
Some rooms at the Marriott Marquis Houston, about eight miles away from the stadium, are still available but are starting at $209 a night.
Houston expects that Super Bowl LI will attract 140,000 outside travelers and $350 million in revenue to its downtown area, which has experienced an economic downturn in recent years due to falling oil prices.
Shares of Marriott are up slightly at $84.83, while shares of Extended Stay rose 2.68% to $16.65 midday on Wednesday.