Traditional Culture Encyclopedia - Hotel accommodation - Explain economically why hotel accommodation and air tickets will increase in price on Friday and Saturday.
Explain economically why hotel accommodation and air tickets will increase in price on Friday and Saturday.
1. demand law: under the influence of holiday economy, people's demand for hotel accommodation and air tickets increases. According to the law of demand, when the demand increases, the price will also rise. This is the result of market supply and demand balance.
2. Scarcity: During the holiday economy, some resources (such as hotel rooms and flight seats) are scarce. Because these resources are limited, the supply can't meet the growth of demand, so the price rises.
3. Demand forecast: Hotels and airlines usually forecast the demand during the holiday economy in advance and adjust the prices accordingly. They may raise prices to offset higher operating costs and take advantage of high demand periods to get higher profits.
4. Price discrimination: In some cases, hotels and airlines may implement price discrimination, that is, charge different prices to different consumer groups for the same product or service. For example, prices on Fridays and Saturdays may be higher than those on other dates to attract consumers with stronger willingness to travel or higher ability to pay.
In a word, the rise of hotel accommodation and air ticket prices on Friday and Saturday is the inevitable result of holiday economy phenomenon, which reflects the comprehensive influence of supply and demand, scarcity, demand forecast and price discrimination.
- Previous article:The concept of hotel service
- Next article:The development course of hotels
- Related articles
- How far is the Kaiyuan Campus of Henan University of Science and Technology from Dienis Hotel?
- Can Alipay be used in Hong Kong?
- How about Jiuquan Oilfield No.1 Middle School?
- Is Shanwei Country Garden International Business Center Apartment Worth Buying?
- Finally arrived in Yangshuo. What are the interesting attractions in Yangshuo West Street?
- How many days will Xiushui Hua Ting Community in Qiao Liu, Nantong be closed?
- Rural Wedding Banquet Menu (Qingyuan, Guangdong)
- Hotel accommodation near Lukou Airport
- How does Hafadai seaside hotel in Saipan feel?
- What are the world-famous foreign buildings?