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After doing a quick search with Kayak, the lowest rate for a Grasmere hotel was $22.00 USD per night. It looks like there were plenty available at even $30 something per night, so your chances of getting a good rate are pretty good.
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What cities have grasmere hotels?
"Grasmere hotels are located in the Lake district in England. The are located in Grasmere, Blackpool, and Cumbria. This is in the Middle part of England, Northwest of London."
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What is the quality of a grasmere hotel as compared to Holiday Inn?
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