Originally Posted by
joshua362
Well said.
Original premise is crazy.
The problem with most corporations is that enough is never enough. A fair return for the risk and assets invested quickly goes out the window when more bucks can be extracted at peak times when everything is going right. Then they get used to the greed and have to exceed the previous quarter's earnings to keep the stock market happy. So now they are holding on against hope and reluctant to return to a more normal pricing structure.
Your post is well-reasoned. It seems like the properties would rather have the rooms sit empty than fill them at more reasonable rates in tune with the current economic realities. Meanwhile they do stupid stuff like what happened to Sophie in another thread where Silvers get free in-room internet but not Plats, and like at 2 properties (CYs) I frequent where coffee is no longer available all day since the coffee machines are removed after breakfast service ends.