Traditional Culture Encyclopedia - Hotel accommodation - Is it illegal for hotels to raise prices on holidays?
Is it illegal for hotels to raise prices on holidays?
It is not illegal for hotels to raise prices on holidays. It is because under the condition of market economy, the price is determined by the relationship between supply and demand. When the demand exceeds the supply, the merchant has the right to adjust the price appropriately according to the market demand, which is the normal embodiment of the market regulation law. Hotels are private enterprises and have the right to set their own prices, as long as they clearly inform consumers before the price increase. Hotel is a comprehensive facility providing accommodation, catering, entertainment and other services for guests. The origin of this hotel can be traced back to the ancient inn. It was originally designed to meet the needs of travelers for rest and supplies. With the passage of time, hotels have gradually developed into an indispensable part of modern society, providing people with comfortable and convenient living environment and services. There are all kinds of hotels, from luxury five-star hotels to budget hotels. Then there are characteristic homestays and youth hostels to meet the needs and budgets of different consumers. Hotel services are also very rich, including catering services, business services, leisure and entertainment services. The hotel industry has developed widely all over the world, especially in tourist hotspots and economically developed cities. The quantity and quality of hotels are very high, and the hotel industry is also a very competitive industry. Major hotel brands are striving to improve service quality and innovate service content.
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