In Reply to: Steep increases in price posted by bali keluarga on Thursday, 9. February 2006 at 22:52 Bali Time:
I think that hotel owners have been doing their sums and with numbers of travellers way down ( ABS) their fixed cost component per vistitor will be way up. They may have also worked out that only the diehards will travel at this time,maintianing last years prices will not get them any more business, and that this group is relatively price inelastic. But sounds like some are not that price inelastic.