When stocks fall, hotel discount rises
— -- You can't safely bet on the stock market these days, but even a bad day is good for those staying at Boston's The Colonnade Hotel.
Its timely "Bulls & Bears" package, which runs through March 31, gives guests 10%-20% off room rates based on the Dow Jones Industrial Average at the New York Stock Exchange closing bell. If the market is down, guests get a 20% discount off the day's lowest room rate; 10% if it's up.
Given the almost universal jitters, "we thought it should be a win-win, no matter which way the market closed," says Colonnade managing director David Colella.
The package, offered Monday to Friday starting at about $260 nightly before discounts (depending on availability), includes a room for one or two, room-service breakfast, free Internet access and parking. Information: 800-962-3030; colonnadehotel.com.
More New England hotel news
A hotel chain has gained Ivy League admission.
The Study at Yale on the grounds of Yale University, due to check in its first guest Thursday, is the first in a series of small luxury hotels by Hospitality 3 planned on campuses and elsewhere.
The Study, a 125-room renovation of the more spartan Colony Inn, aims to make the grade with alumni, parents and visitors to New Haven, Conn., with a glass exterior, walnut- and granite-floored lobby, penthouse lounge and books by Yale grads and faculty on display. Rates start at about $240. Information: 866-930-1157; studyhotels.com.
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