Restaurant holiday specials
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.
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March 7 (Bloomberg) –- On today’s “The Roundup,” Trish Regan, Tom Keene, Julie Hyman and Alix Steel wrap up the day’s top market stories on Bloomberg T... More March 7 (Bloomberg) –- On today’s “The Roundup,” Trish Regan, Tom Keene, Julie Hyman and Alix Steel wrap up the day’s top market stories on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)
Date 14-03-07, Duration 8:55, Views 494
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