Plaza Hotel Rooms Cost $2.50

In 1907, Manhattan's Plaza Hotel opened with 800 rooms and charged short-term guests $2.50 per night. The hotel primarily served long-term residents, who occupied an estimated 90 percent of its units, while the opening nightly rate equaled about $86.38 in 2025 dollars. By October 2026, listed rates for many rooms exceeded $1,000 per night.

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