Who knew Seattle was so expensive?

I just finished making my travel arrangements for EDUCAUSE in October. (I think I managed to snag a dirt-cheap flight and I know I got an amazingly inexpensive hotel room.)

Yesterday, while looking for a hotel room, I was using the conference travel tools. There were only two official conference hotels with rooms left, and imagine my surprise when I was presented with this rate for one of them:

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Seems a bit steep, no?