VetOfTheSeas@discuss.online to Shitty Life Pro Tip@lemmy.world · 12 days agoHotel has extra fees? Well then...discuss.onlineimagemessage-square112linkfedilinkarrow-up1708arrow-down141
arrow-up1667arrow-down1imageHotel has extra fees? Well then...discuss.onlineVetOfTheSeas@discuss.online to Shitty Life Pro Tip@lemmy.world · 12 days agomessage-square112linkfedilink
minus-squareTubularTittyFrog@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down4·12 days agothe room is worth what people are willing to pay for it. if it was too expensive it would be vacant.
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up2arrow-down1·12 days agoThat assumes information symmetry.
minus-squaremelsaskca@lemmy.calinkfedilinkarrow-up1·11 days ago“Whatever the rube will pay” is not a good business model. I wonder about the vacancy rate in hotels and motels across and throughout the land, not just when there is an “event” close by.
the room is worth what people are willing to pay for it. if it was too expensive it would be vacant.
That assumes information symmetry.
“Whatever the rube will pay” is not a good business model. I wonder about the vacancy rate in hotels and motels across and throughout the land, not just when there is an “event” close by.