Notre Dame Problem - Notre Dame Football Introduces Its...

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Notre Dame Football Introduces Its Fans To Inflationary Spiral People With Rooms, Tickets To Sell Find No Ceiling; The $500 Parking Space By ILAN BRAT September 7, 2006 SOUTH BEND, Ind. -- For years, Anthony Gallis, of Dallas, Pa., has rented a house here for $1,200 a weekend to stay in when he takes his wife and four children to see Notre Dame football games. But for this year's home-opener Saturday against rival Penn State, his usual house had been rented for months, by somebody else. Another house suggested to him, at $3,000, has also been taken. Mr. Gallis ended up reserving a suite at a Hampton Inn and Suites in South Bend, which normally goes for $129 a night, for $400 a night, with a three-night minimum. "It's just insane," says the 42-year-old owner of a State Farm Insurance agency back in Pennsylvania. At Notre Dame, where the college-football tradition of Knute Rockne, the Four Horsemen and the Gipper has a mythic aura, alumni and fans have long filled the stadium and packed hotels within 50 miles on Saturday game days. But the frenzy for home games this year is extreme even by Notre Dame's manic standards. Ticket requests for home games hit unprecedented levels. Prices online for everything from pregame parties to game tickets and rental houses have soared: A mere parking pass for the Penn State game recently sold on eBay for $500. Another eBay buyer spent $3,200 for two $59 tickets to the same game. To cater to well-heeled Notre Dame alumni, the regional airport has added parking space for up to 100 more private jets. Even the price of prime rib at Tippecanoe Place, a local steak and seafood restaurant, will rise a couple of dollars on the busiest Notre Dame weekends. "We only raise our prices a dollar or two," says General Manager David Barry. "The hotels went for the throat." Indeed, rates for many of the 4,015 hotel rooms in the South Bend area are skyrocketing. Two weeks before the start of the season, the Comfort Suites here was asking $245 a night, with a two-night minimum, for the Penn State weekend. That's up from $109 a night on non-football weekends. For the Sept. 16 game against the University of Michigan, the South Bend Marriott is charging $649 a night for a
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This note was uploaded on 05/10/2010 for the course ECON 221 taught by Professor Ramoo during the Spring '10 term at Diablo Valley College.

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Notre Dame Problem - Notre Dame Football Introduces Its...

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