Most accommodation in the capital is booked up for March 17 and the remaining rooms on offer are going for hugely inflated prices.
One city centre hostel is offering a 'king room' with two single beds and three bunk beds for double occupancy for €1,664 for the night.
According to its listing on booking.com the "ground floor snug" has a view of a lake though it is situated 350 yards from the city centre.
The same accommodation is priced at an average of €304 for any other Friday night.
Earlier this week the Government extended the 9% VAT rate - cut from 13% for the hospitality sector for a further six months slammed the accommodation Consumer champ Dermot Jewell prices in the capital as an "absolute disgrace".
He said: "The level of profiteering, it beggars belief.
"Something has got to be considered to put an end to this.
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