Liverpool’s hotels are cancelling existing bookings for the weekend of the Eurovision Song Contest as rates hit £8,000 a night.
Last week Liverpool was named the host of the music competition, which was supposed to take place in Ukraine before it was moved to Britain because of the Russian invasion.
On Saturday, less than 12 hours after the announcement, Booking.com said that 99% of hotels in the city were fully booked on May 13.
Prices have soared after the announcement with Airbnb hosts offering accommodation for almost £8,000 on May 13, the night of the final.