Prices for Drinks & Gals decrease due to poor economy & Thai politics

[UhJuJu]

does that mean patong guys sorry

 

[FancyPants!!!]

Dear Bros,
i am just curious if the prices for the drinks & gals (ST n LT) decerase due to the poor economy and especially the Thai politics? In order for them to woo the crowds back, they would have to drop their prices dun they? anyone who is there now care to enlighten? many thanks in advance
cheers

 

[So cute krissy]

Prices for Drinks & Gals decrease due to poor economy & Thai politics

Basically - NO!

 

[meanolmaw]

Prices for Drinks & Gals decrease due to poor economy & Thai politics

Dennis could you please stop being so cruel to the new and the gullible, most of them were brought up to be taught yorkees do not have a sense of humour and now you are confusing them !!!!55555555!!!

 

[Pompal 09.]

Prices for Drinks & Gals decrease due to poor economy & Thai politics

WRONG.... They put the prices UP !!!!! This is Thailand where logic defies normality :aww:

 

[foryourconsideration]

Prices for Drinks & Gals decrease due to poor economy & Thai politics

It's usually quiet in my bar early evening, I waved a "happy hour" sign to the passing trade for a week. It appears no-one is interested in 50b beer.
End of the discount days for me. I'll just give a free one to the good customers as per usual.

 

[?? Kitty ??]

Prices for Drinks & Gals decrease due to poor economy & Thai politics

wow! looks like thai economy is really the opposite of the norm. looks like there is only one direction for the prices in Thai! that is UP! thats sad. lets see how long they can hold up with such prices, once the amount of tourist drop, they will have to sooner or later drop their prices i reckon, but then again i could be wrong. hahaha

 

[Polly]

Prices for Drinks & Gals decrease due to poor economy & Thai politics

555......makes sence: before 10 beers for 80 baht
now only 8 beers a day - new price 100,-

daily total sales!! recovered!!!:

 

[ann_svit]

Prices for Drinks & Gals decrease due to poor economy & Thai politics

Full moon !!! innit

 

[AJ Rawr Chomp Grr]

Prices for Drinks & Gals decrease due to poor economy & Thai politics

You mean this isn't true?

Damn, I'd just booked my ticket.....Better cancel now.
I was coming over to buy a few waterfront houses & whilst there, go on a few Hash runs.:666:

 

[Relative ease]

Prices for Drinks & Gals decrease due to poor economy & Thai politics

Ha...I did the same thing thinking I would drag in a few bargain hunters early...Surprised it did nothing to increase business...so maybe we should raise our regular beer prices...5555.

 

[Tmucho]

Prices for Drinks & Gals decrease due to poor economy & Thai politics

For a slightly different perspective, it takes two to make any kind of deal, a "buyer" and a "seller". The "seller" can put the price up, down, or whatever - and the "buyer" can do the same. You can say how much you're willing to spend, and then it's up to them to accept your proposal or not.

(Of course, if you've already decided on a particular person or place, it's up to you go go along with their pricing or move on, unless of course they re-consider as you start to walk away.)

 

[R Nino]

Prices for Drinks & Gals decrease due to poor economy & Thai politics

Now, I could be waaaay off base on this one - and am happy to be corrected - but could it be that the Thai business owners calculations are correct?

I seem to remember something from my O level economics about elasticity/inelasticity of demand. In a graph with highly elastic demand against price, a hike in prices produces a noticeable drop in demand. End result, less income.

With inelastic demand against prices, you can hike the prices up and receive a relatively lower drop in demand. Net result, more income.

It could be that the average Thai business owner has the economic business sense of a deranged buffalo, or that they simply believe what they see in their pockets. That they can bump prices up an still end up more in pocket.

If someone has bothered to make the trip to LOS, despite travel uncertainties, despite political unrest, then they're there to spend money. It's kind of a captive market. Add onto this that the price are only one part of someone's judgement to patronize a place. Atmosphere, entertainment, girls etc are all part of what helps make someone's mind up to visit an establishment. Does everyone on the board necessarily go to the cheapest places possible?

What I can well believe is that Thai business owners understand short-term gain from price inelasticity of demand but have no concept of long-term tourist numbers going down. Eventually though, I have to believe that simple economics will weed out bad businesspeople. If numbers to Phuket continue to fall and the prices at some places become prohibitive then - long-term - only those offering a good product at a good price survive. Of course, This Is Thailand, so maybe the usual logic doesn't apply.

 

[GoTexansGo]

Prices for Drinks & Gals decrease due to poor economy & Thai politics

Its not that there are no Bargain hunters in LOS just that those that are have prob be stung by touts with simular deals for special shows so they are more warey 555555555

 

[GenderS]

Snowy , i didn't hear of any bar girls quoting 3000 ! You must have been unlucky..

The most i gave any girl all trip was 1500 and that was on my 1st night so she got a bit of a tip....

Had a couple of girls grumble at what i gave them in the morning, which was usually about 1200, but most just thanked me and went on their way..

I found that if you avoid the ' my sh1t don't stink ' girls then 1000-1500 is still applicable .

 

[Hackman]

Prices for Drinks & Gals decrease due to poor economy & Thai politics

yeah you're right dan, i drank in soi lion a fair bit and that seemed to be what they were asking but that was early in the night and i think that when it is getting later they get more realistic, but it didn't matter to me mate, as i said i didn't pay any bar fines, i reckon 1200-1500 as you said is fair and reasonable.

 

[Pompal 09.]

Prices for Drinks & Gals decrease due to poor economy & Thai politics

It depends on your strategy Jaffaman.
In a tourist area most punters are after a quick fix, so I can understand bar owners charging 80 baht plus to the one drink wonders who are there just to check the girls and move on.
The mouse hole bar on nanai only charges 50 baht and consequently attracts a steady cohort of regulars year round. They arent going to shift anywhere else just because a bar has a 50 baht offer for one week. Cheaper beer is a long term strategy therefore.

Which is your bar, btw?

 

[sweetiepie]

Prices for Drinks & Gals decrease due to poor economy & Thai politics

A brilliant revelation there, thaicum!

Did this info come to you in a dream, or from personal experience? 55555:he:

 

[Pompal 09.]

Prices for Drinks & Gals decrease due to poor economy & Thai politics

i think i am on a very old thread here?!? is it 1990 again????:

 

[Thanh Truc K]

Prices for Drinks & Gals decrease due to poor economy & Thai politics

Seems like the title of this thead is a misnomer. Should be:

Prices for Drinks & Gals increase due to poor economy & Thai politics

In all my years in LOS, I have only been asked 3000 LT twice that I can remember, both times in Nana Plaza.

That is not including the first day I ever set foot on Thai soil, when I was nicked by a shrewd gal for 4000. She was the first I ever went with, and when I told her I just got off the plane several hours before, the price was 4000 firm, non-negotiable. Not knowing any better, I paid it(I was in love :love3...5555555.....

The 2nd girl I went with was 1000 LT, and since that day, I have never even had one ask me for 3000 LT in Patong.

Seems to me the bad economy has brought an INCREASE in prices, at least, thus far!