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Comments on: Agnitio on tour: Economic Musings from the US http://www.tvhe.co.nz/2008/07/31/agnitio-on-tour-economic-musings-from-the-us/ The Visible Hand in Economics Thu, 28 Jul 2022 20:16:12 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: agnitio http://www.tvhe.co.nz/2008/07/31/agnitio-on-tour-economic-musings-from-the-us/#comment-1922 Thu, 31 Jul 2008 04:24:23 +0000 http://tvhe.wordpress.com/?p=757#comment-1922 I had nice shampoo but no chocolates on my bed. Any hotel will give you shampoo. I think it’s really just the fact that the downtown hotels have a captive demand, i.e i’m in town on business so i have to stay close to the office. In a way innner cities hotels are an ologopoligy (in manhatten atleast!)

I guess what I’m saying is that the swanky hotels have very limited competition so they don’t need to offer these additional feautures

]]> By: billbennettnz http://www.tvhe.co.nz/2008/07/31/agnitio-on-tour-economic-musings-from-the-us/#comment-1921 Wed, 30 Jul 2008 21:41:08 +0000 http://tvhe.wordpress.com/?p=757#comment-1921 “If you stay at a really expensive hotel (e.g. a hotel in times square) you do not get free broadband but if you stay at a cheap hotel (e.g. not in the middle of the cbd) you get free broadband”

This is interesting. Are other things bundled into upmarket hotel prices (ie chocolates on the pillow, fancy shampoo etc) or do they charge extra for everything?

Do you really think it’s about demand elasticity? If swanky hotels don’t compete on the feature set, what do they compete on?

]]> By: Matt Nolan http://www.tvhe.co.nz/2008/07/31/agnitio-on-tour-economic-musings-from-the-us/#comment-1923 Wed, 30 Jul 2008 20:14:38 +0000 http://tvhe.wordpress.com/?p=757#comment-1923 Sounds like fun dude, hope to hear some more exciting tidbits from you soon 😉

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