suburbaknght wrote: dontadow wrote:
The gas during a disaster isa great exzmple. You have to buy gas. Even if they charge 20 dollars a gallon. If all 4 corner gas stations decide to charge 20 dollars a gallon, this would be gouging and colusion. Despite the fact that there is an illusion of free market.
The difference is the word, "have." You have
to buy gas during a disaster (whether to power a generator or to get out of the disaster area). You don't have
to go to Gen Con. If you do go to Gen Con you don't have
to stay downtown. These are things we choose to do, as evidenced by the fact many people are choosing not to. Believe it or not, that's a good thing. That's supply and demand at work; as supply shrinks and prices rise, demand tapers off. Eventually it will reach an equilibrium.Now believe it or not, it's in Gen Con's interest to keep housing prices as low as possible. If I have a budget of $1,000 for the con (ha ha, I don't have that much money for the convention. Not even close) and I spend $800 of it on housing, I only have $200 to spend on everything else. After my badge, I only have $100, and I probably want to eat at some point during the con. If I'm very
frugal, I may have $50 to play with at the con, which probably means a few RPGs at $4 each and maybe some souvenir dice. Gen Con doesn't make much off of me that way, the merchants' sales are lower so they're less likely to come back in the future, and True Dungeon becomes less tenable as fewer people can afford it. In short, the more of everyone's budget that goes into housing, the less money everyone spends at the con.
Conversely, if my housing only costs $200, I can do some extra-cost larps and the con gets a cut of that. I can buy some game books and maybe some art that keeps dealers coming back year after year and renting vendor space. I may treat myself to a nice dinner at the hotel restaurant, which makes them happy to work with Gen Con to funnel people into their hotel.
Believe it or not, Gen Con wants housing costs to stay low. They have every incentive to do so. What they can't do, however, is completely shelter us from the laws of economics, and when 60,000 people try and get 6,000 rooms you're going to see supply and demand in real-time.
Actually there is no difference. Again, we are talking about the same situation and from a legal point of view. Any lawyer would be embarrased to defend on the fact that A. is not important than B. That's moot. The point is does the situation meet the criteria for the law, and it does.
In a crisis you actually don't need gas. That can be argued. The point is that there is one place to get something and the companies that have it are colluding to arrange the price to something that is not equal to the "fair" market. Again, research the legal definition of fair. You wil lfind words like accessible and determined upon the market. Market being it has to be available. If the hotel authority removes the hotels from the market, it can not possibly be market value. The hotel authority removes the hotels from the market and determines a preconconeived price before allowing them to sell. These prices are colluded with every other hotel chain.
You are speaking from an emotional point of view and not legal or business. Gencon has no need to keep housing low. They profit directly from high housing costs. They also get nothing from "repeat" business. Gencon has steadily increased their marketing locally to attract residents who do not need hotels, knowing that the out of towners will come regardless. As is now, Gencon has a fullproof business.
The point of the thread was to determine the overall consensus as to who Gencon is meant for. I hear the word luxury thrown around, and I can't think of too many places where a luxury is walking to the place you are suppose to attend. In the beginning, luxury was an attached hotel. Now luxury is a hotel within 10 blocks. This does not fit the standard definition of luxury.
I'd need to see evidience that gencon "cares" about hotel prices. Businesses don't have feelings and I hardly think that with steadily growing profits and attendance , not to mention growing a reputation and bringing income into the city (through those very same raised hotel prices) that its a sweat to them. And this is not a bad thing. I do worry that if Gencon is going to join the SCC and Disney World as far as priced attractions, it's an interesting fight that I don't think they would win.