The award for the smallest violin of the month goes to billionaire hedge fund manager Kyle Bass, who is not happy about the high room service prices at The Caryle in New York City, a Rosewood Hotel. In fact, President Biden is to blame…
Room Service Prices In New York City Are (GASP) High…
Bass complains about his $85 room service breakfast in New York City ($100 after tip), calling it a terrible inflation milestone and promising, “After signing this bill, I have decided NEVER AGAIN.” He tags Joe Biden and inflation in his tweet and copies the US Federal Reserve and Treasury Secretary Janet Yellen.
https://twitter.com/Jkylebass/status/1762825607866388790?s=20
Small problem, though. This sort of pricing is common for New York. It is now and it was during the Trump era too. It is now and was before the pandemic. We have seen inflation in the economy, but I’d argue that the room service breakfast pricing in New York City has held rather steady.
Here’s my room service bill from 2018 at the Park Hyatt, another five-star hotel.
Here’s my solo breakfast bill from 2023 at The Chatwal, another five-star hotel:
This wasn’t even room service…I went downstairs to eat in the restaurant and it was also $85!
Maybe Bass doesn’t get out much and isn’t familiar that New York City is an expensive city?
When called out on his tone-deafness, Bass dug in:
https://twitter.com/Jkylebass/status/1763067634310844884?s=20
Blame the Chinese too…
Dude. You’re staying in a $1000/night hotel and then blamed the President of the United States for being too dumb to either assume things were expensive there or to look at a menu. And now it Chinese bots? Come on.
— The Annasthesiologist (@fuzzymittens) February 29, 2024
Anyway…
Yes Mr. Bass, room service is expensive at a five-star hotel. It always has been.
Tip: look at the menu before you order. If too expensive, McDonald’s is around the corner, though I warn you that Manhattan pricing can be high.
https://twitter.com/Jkylebass/status/1762985772120985706?s=20
Oh, wait…
Matthew, you eloquently wrote about the horrors of Hamas’s attack on October 7.
Israel has just killed 104 starving Palestinian civilians trying to access food and water.
Any comment?
No, I thought not.
Would you like me to comment on this?
Fake news, the terrorists were looking to feed themselves before finding more Jews to kill and in their rush, stampeded each other.
The good news is AOC is offering to su$k off any of them that kill 5 Jews.
Given the disgusting comment you produced, I have to ask this. Did your mother raise you to be a hateful misogynist with no sense of decorum in how to communicate about others?
Guy spewing fake news complains about fake news? Oh the irony…
Well if he wasn’t appalled people would accuse this billionaire of being out of touch….and yes inflation was produced by rampant government overspending with Covid as the excuse as the pandemic was waining, then by the Biden’s ironically named Inflation Reduction Act dousing the fire with more fuel…..spend spend spend, every crisis an excuse to spend…..And yes Yellen should’ve been (and probably was) telling the admin it was not a wise idea!
Probably just looking for a reason to whine about Biden about…something. I mean, I’m assuming this isn’t the first he has ordered room service while staying at an expensive hotel in NYC, so not sure why he is outraged about the prices.
Correct I put responsibility on both administrations and Congress on overspending. The CARES employee retention credits got abused well beyond the crisis.
They didn’t have a lot to go on in 2020, more so in 2021 so a bit of a rock and a hard place. but the generic “it was unavoidable” hand waving is a cop out. there is a lot to learn from all the spending and what could have been better targeted to provide help with the least inflation disruption.
Sad boy billionaire should be buying diamonds. Their value has been crushed recently.Great job, Biden!
his room was also $3,000-$5000 a night, depending. ZERO sympathy. We have far to many entitled people….these days..
I mean, really? Janet Yellen flies coach. She must have laughed visibly aloud at being called out by a billionaire at a Rosewood Hotel about the price of waffles and bacon.
I do like waffles and bacon though.
Perhaps Kyle should call Kyle. The two would actually get along and he could book him through a preferred program a rate that includes free breakfast and a $100 room credit. Clearly this guy doesn’t get out of Texas much.
Or just call me. I’ll tell him to get a freakin clue and enjoy his over priced room service waffle like the rest of us
@Stuart … sensible you also like waffles and bacon .
However , the billionaire had them with a soda ? Sounds more like the waffle restaurant in Georgia , where they have waffles with fried chicken , french fries , and soda ?
Hey, to each his own. But clearly the morning carbonation he chooses is not working well in promoting critical thought processes. More bewildering is that he’s from Texas, maybe a Dr Pepper next time? He can then tweet that Biden is to blame for the removal of Dr. Pepper on The Carlyle room service menu. Now that’s something the average American can get their heads around!
Those prices dont seem outrageous especially for the place and location. I’m astronomically far away from being a billionaire. Like, another galaxy from billionaire status.
You have a wonderful, informative site with great details about travel, Matthew. “Rich guy blames Biden” is a ridiculous waste of time and space and damages what you’ve built. Please keep politics out of it. I’m begging you. Otherwise, “liveandletsfly.com” is scratched from my daily must-read list.
Perhaps direct your indignation towards the billionaire dude who blamed Biden for the price of waffles at a Rosewood Hotel. He tweeted it. It’s open source for laughter.
You know what attracted me to this story? Did you see I had a New York hotel breakfast bill for the exact same amount?
I’m seriously wondering whether people like this dude on Twitter are truly this ignorant or just stirring the pot.
This is Matt’s normal line of word vomit. He will always toe the party line because he is so blinded by his own bias.
What party line is it that I toe?
The guy is a billionaire and doesn’t know hotel breakfasts at expensive, and even some not-so-expensive, hotels have been hilariously overpriced for decades? I remember staying in the then-very nice Renaissance LAX on a cheap Priceline deal in the aftermath of the 2008 (George Bush) financial crisis and the breakfast charge per person was like $40. The per night price, with taxes, was $70.29 (I looked up the receipt in my email from 2010). That means two breakfasts were more than the room charge. I didn’t blame Obama for that though – I just realized we should have gone to IHOP instead.
I wonder if he knows New York, despite generally being an expensive city, has a plethora of locally owned small businesses known as diners that have much better food than he got for very reasonable prices? He probably doesn’t like that they are owned and staffed by immigrants, I guess.
I had nearly three weeks at a hotel last year that had a free breakfast buffet. It looked pretty good for such things. I ate there zero times. So, you can imagine how ridiculous these prices seem to the non-breakfast person. I can guarantee I didn’t pay more than $50 for lunch and dinner in one day in over >100 days of leisure travel in the last year (though NYC and their pricey kin aren’t on my agenda).
I wish we could just be done the election already and go straight to the inevitable riots and martial law. Joking. Mostly.
But I love challenging people who view everything through the lense of politics or who is president and then apply all the good or bad in the country accordingly.
Record high stock market, low unemployment and record oil production… well that’s all thanks to Trump. Inflation, gas prices and crime? Well that’s obviously all Biden’s fault.
Meanwhile about 95% of what happens has nothing to do with the president.
We are producing more oil because the price is high. The stock market is being partly driven by the huge increase in money supply that also helped caused inflation. That money supply was increased (along with the debt) more under Trump than Biden.
That being said I really hope a 3rd party kicks both of their teeth in. Won’t happen. But I’ve never wanted to see both sides lose more than I do now.
A buddy got hit with this kind of hotel breakfast cost in LA during the pre-Covid part of the Trump Admin. And it wasn’t even room service. He certainly wasn’t blaming Trump for that.
If Bass hadn’t fleeced so many Americans with his creative games for so long, perhaps I would take his politically-motivated “inflation” whine a bit more seriously. That and if he picked a better example than some room service breakfast at an expensive hotel at which he chose to stay.
Did you give any additional tip on your 2018 Park Hyatt bill?
Nope.
Hyatt’s included breakfasts for Diamonds/Globalists have the tip included such that no additional tip was required from Diamonds/Globalists. After finding that out, I’ve more or less stopped tipping for breakfasts at Hyatt hotels everywhere unless something extraordinary was done.