The most expensive parking spot for the Kings game is not what you think.
Parking manager Gerlado Villalvazo told KPCC that the hotel was charging $20 this morning and that the price jumped to $60 around 2:30 p.m. where it was holding steady as of 3:45 p.m. But spots could reach $200 -- a threshold it reached during last week's game.
The dramatic price spike, however, is less a function of greedy-fueled supply-and-demand mania, and more an issue of space. The ridiculous price tag is designed as a deterrent.
Villalvazo explained lightheartedly that motorists were ignoring the "Lot Full" and "Hotel Guests Only" signs, and were pulling in anyway causing trouble for guests and parking personnel.
The $200 sign surfaces "depending on how crazy it gets," he said, adding, that pushy drivers "want to go in [the parking lot] no matter what, and now they stop and think twice, or three times, or four times," before trying to park.
For those who think the price is right at $200, Luxe accepts cash and credit cards.