Originally posted by dolebludger:
No, not at all.
Look at the "distance" between Radisson and Silversea a couple of years ago. Fuel, labor, and everything else has increased in price effecting both lines. But Radisson has increased fares by the greatest percentage. Liquor? almost no inflation at all.
Thanks,
Richard
I understand your point but many businesses will start out low and raise prices to where they SHOULD BE when demand catches up.
An example. I'm an artist. A few years ago I decided to teach colored pencil. With no experience I couldn't charge what other colored pencil teachers were charging. I was making approximately 1/2 per hour of what I make now, even though that fee I charged didn't really cover my time well.
As I gained recognition for my art and for my teaching skills I have become more in demand so now can charge considerably more.
I don't have to include travel fees in my costs because they are paid separately by whatever group is sponsering me, but if I did, my prices would have gone up even more to meet the ever rising costs of travel and room and board.
