holidays ? ..doesnt it make sense for holiday companies to reduce prices during 1/2 term .?

Question

so every family can afford a break or not ? every family doesnt want to go abroad ?

Answer 1

This really makes me mad. Holiday companies would be doing their reputations a whole lot of good if they lowered their prices in half terms. I just don't know why they don't!!

Answer 2

This is a question that gets on most peoples nerves.
I believe they should lower it and they will be full, across the board and more people can travel to different places.

The problem is that when they raise the prices, people with money will pay it and that leaves people with less money staying at home.
Now the schools dont like you to take children out of school for holidays but thats wrong too.

On the other side of it though, if they were to lower the prices and everywhere became full, wouldnt it be a nightmare to stay in a hotel etc, lots of screaming kids and groups of kids forming. then i dont call it a holiday....
Also they would prob end up making the same amount of money as it is or by lowering the prices, the only prob for them is they will need to cater for alot more people, and i suppose they dont like hard work!!

So its mixed views all round i feel.

Answer 3

You don't quite grasp market forces do you? The prices go up, because people will pay them. Families do buy these holidays, else the prices wouldn't be high. If they had trouble shifting these holidays the prices would indeed drop, but since they can ask these prices, it shows that enough people are willing to pay them.

Any company who did act like you suggest would be called a charity.

Answer 4

No. Like mentioned it is supply and demand. If more people want to holiday at that time, price will tend to go up.

I also like to add another example. I flew home for Christmas. The airline I flew offered cheap student rates for collage kids. My flight was full of loud and obnoxious teens who paid half the price I did. Next year I will likely fly an alternate airline. So for airlines, if they have a business clientele who uses their services regularly they may want to regulate how much such things affect their decision to continue to use their service.

Answer 5

So, you're encouraging a fee ceiling. fee ceilings reason a shortage, because a good number of people (call for) decide on a restricted volume of vacation spots (provide). The market fee is the position the equilibrium is between the availability and demand curves. in case you positioned a fee ceiling, then a good number of people will decide on to pay the mandated lower priced, yet there is actual not spots to flow round. some people will save funds, yet something else gained't get a vacation in any respect. it really is not discrimination, it really is economics.

Answer 6

Supply and demand I am afraid - they fill all slots at inflated prices so no incentive to drop

Answer 7

It doesnt work like that, if it did chocolate would be cheaper around easter, and florists would sell flowers cheaper on valentines day.

Answer 8

YES