As it happens I'm looking in the Lakes as well. Prices are absolutely crazy. We will probably end up staying at home and then everyone - accommodation provider, local pubs, shops and Mr and Mrs P - lose out.Most definitely this ^^^.
We always look for good value and we have been plotting a Tour of the Lakes for Spring next year (despite living here it seems like a fun idea).
And some of the prices for accommodation and food are simply crazy in some establishments. It's not that we can't afford it we simply resent being ripped off.
Many of our friends are not remotely short of money and apply the same type of judgement call.
The approach some businesses take is quite beyond me.