Dublin Hotel prices soar in anticipation of the Oasis reunion concerts next month

The cost to stay the night in Ireland's capital rivals that of the concert ticket itself, or more.

For many, the chance to see the Gallagher brothers' reunion live is priceless; however, in reality, the cost to stay the night in Ireland's capital rivals that of the concert ticket itself, or even more.

With thousands of fans planning on making their way to the fair city, accommodation costs have soared to an excruciating level for the weekend of 16-17 August.

If you're looking for a place to stay after the gig, you can expect to be charged upwards of €400 per night for a standard room, which is more than double the usual rate.

The Irish Hotels Federation has admitted that many hotels raise their prices when they detect limited availability.

A spokesperson for the IHF said: "With regard to supply and demand issues, there are times when locations experience significant increases in demand, around major events, and this can result in price increases.

"For last availability, this is a common occurrence in other industries, such as airlines, for example, if you're booking one of the last seats on a plane, the price may reflect this."

The IHF does add that many of the prices listed online are last-minute prices, and are most likely not reflective of the "overall value which most fans will already have availed of when booking," per RTÉ.

That being said, many hotels are offering cheaper last-minute prices for this weekend, compared to the Oasis dates in August.

For instance, a popular five-star hotel is charging over €1,800 per night for a small queen room for the Oasis weekend, not including breakfast. That same room is available for €700 per night this weekend.

Meanwhile, a four-star hotel is charging €537 per night for a standard king room for the weekend of 16-17 August, excluding breakfast, while their rate this weekend is over €200 lower.

If you're willing to travel a little further, the IHF suggests lower prices available outside the city centre in places like City West, Clondalkin, Swords and Tallaght, where you can book a room for under €250 a night that weekend.

However, you will have to account for transport costs to and from these locations, some of which are an hour's drive away from Croke Park.

The Competition and Consumer Protection offer some tips for finding the best hotel deals.

Consumer expert and Director of Communications at the CCPC, Grainne Griffin, said: "Pay close attention to make sure you're on a legitimate website."

"Booking platforms are great for comparing lots of options at once, but make sure it is based in the EU in case anything goes wrong.

"Also, it's always worth approaching the hotel directly before you purchase to see if they will offer you a better price for booking directly," she added.

Ms Griffin also says to check the terms and conditions for the booking carefully and to consider the worst-case scenario: "If the concert was cancelled, would you be entitled to a refund?"