Billionaire Complains About NYC Room Service Pricing. He Can Afford It, but Has a Point.

by Anthony Losanno
Room Service

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Several outlets have picked up on a tweet from billionaire, hedge fund manager Kyle Bass where he complains about the expensive in-room dining breakfast he ordered. He goes as far as to blame President Biden and tag the Treasury Secretary and Federal Reserve over the cost, which is ridiculous. His argument is flawed, but he is right in the sense that in-room dining costs are exorbitant.

The concept of in-room dining is a good one. You can enjoy a meal from the comfort of your room without having to wait, deal with people, or even get dressed. The fees that get tacked on are a bit much. Many hotels charge delivery, service, and other fees. These often don’t include gratuity that goes to the server and that is to be added by you. I’ve had as much as $40 in fees get tacked onto an already marked up menu.

Carlyle Rates

The tweet above centers around The Carlyle, A Rosewood Hotel. This is a luxury property with starting room rates over $1,000 on most nights.

Carlyle Rosewood

He should have booked the hotel with me. I could get him a Rosewood Elite rate that would include free breakfast and some other amenities. But, regardless of booking, if you’re staying at this hotel then you can afford breakfast. This has nothing to do with inflation or politics and everything to do with dining in a high-end hotel in New York City.

Anthony’s Take: People are always going to complain and even the wealthiest will find ways to gripe about costs. I’m sure many people would love to be able to stay at this hotel. I guess it’s just perspective.

(Image Credits: Rosewood Hotels and dima_sidelnikov.)

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derek February 29, 2024 - 3:55 pm

The title “…he can afford it” is potentially an evil concept. If applied to frequent flyers, then award seat pricing should be double or triple for those with elite status. Those who fly the airline fewer than 3 times a year should then get discount award seat pricing, ha ha

Frankfurt Airport Lufthansa
Anthony Losanno February 29, 2024 - 3:56 pm

Uh oh. One carrier is going to pick up this surge pricing based on income 🙂

SMR February 29, 2024 - 7:29 pm

Diet coke with Waffles is the biggest crime I see here. The issue with inflation is those who agree to the prices. There are thousands of other options .. If no one buys the price goes down .


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