Quote:
Originally Posted by fastspawn
Demand in general is down in CP this year - PZL is hard business now, KTV not always full except some KTVs on weekends, you also see Canton Fair also not full house like last year..........
The price increase in KTV is not caused by inflation. What is occurring is that KTV owners are unwilling to cut their own profit to sustain a business and want to milk and kill their cash cow. So what they do is raise the prices across the bar because it doesn't hurt them to do so and attract gals.
Chinese business practices a bit strange. For example if business fall, what Chinese business try to do is to raise the prices to recoup the loss in revenue. Of course this chases off their loyal customers but it's never very far-sighted.
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PZL business slow down? Well I've stop going to PZL for my past few trips so didn't know their business is slowing down.
I'm not so sure on the Chinese business practices but I do know that when business is slow and not many customers the hotel will lower their rate which is during CNY.
Cheers