The total solar eclipse occurring this evening has significantly inflated hotel and short-term rental prices in European locations offering prime viewing. Reykjavik, Iceland’s capital, is experiencing a dramatic surge, with average nightly rates reaching $1,012 during eclipse week, according to CNBC. This price hike demonstrates the high demand from eclipse chasers and tourists eager to witness the rare astronomical event. The analysis is based on data collected from various platform providers. Other areas within the eclipse’s path are also reporting increased accommodation costs. This phenomenon highlights the economic impact that major celestial events can have on local tourism industries. The eclipse is expected to draw substantial crowds, further impacting availability and rates.