Agreed.
You got me looking at some other things while this debate about the vacationing habits of the poor raged. It wasn't too long ago I could go down to the San Antonio Riverwalk on a Friday/Saturday and get a nice king suite with a balcony for $125 a night. Now, it's closer to $225 a night and that doesn't include mandatory $18 a night parking and 16% tax.
To walk around the Riverwalk looking for more places to spend money. Needless to say, we don't go as often as we used to.
Then I started looking at lodging in general. Hotel nights that cost me $150 just a couple of years ago are kissing $300 a night now.
After that, I emailed someone to ask how much refreshments were going to be for a board meeting at a hotel conference room next week. Here's what she told me:
"$59 per dozen for cookies, $82.00 per gallon for coffee and $5.00 per soda."
And if you think that's nuts, ask me how much A/V and internet access is for the afternoon.
My point is that everyone has their hands in the cookie jar right now and the hospitality/entertainment market is no doubt one of the most opportunistic of all. They can smell money from miles away and raise prices in the blink of an eye. Fortunately, they are among the first to smell famine as well and those prices drop like a rock.
Yes, Disney is raising prices. And while those increases are tame in comparison to what's currently happening in the rest of the industry, it certainly does lift expectations as well.
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