Restaurant holiday specials
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The food is the same. The décor is the same. So why are restaurant prices so much higher on holidays such as Mother's Day, Valentine's Day and New Year's Eve?
Demand is part of the story. More people want to go out on holidays, enabling restaurants to increase prices without ending up with empty tables. But restaurateurs are also banking that customers are willing to spend more for special occasions.
Restaurant owners may soonchange their minds and menus during the holiday season, however, and be more apt to offer holiday bargains in hopes of getting people in the door.
* Bing: Restaurant money-saving tips
May 23 (Bloomberg) -- Matthew Maloney, co-founder and chief executive officer of GrubHub Inc., talks about GrubHub's merger with Seamless North America... More May 23 (Bloomberg) -- Matthew Maloney, co-founder and chief executive officer of GrubHub Inc., talks about GrubHub's merger with Seamless North America LLC. He speaks with Emily Chang on Bloomberg Television's "Bloomberg West." (Source: Bloo...
Date 8 hrs ago, Duration 4:11, Views 16
Video by: Bloomberg | Visit Bloomberg.com
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