HK Prices Rising?

avatar for booji boy
booji boy
I had a look at the HK/Cascadas websites today to see if they were putting COVID info up (nothing yet) and noticed that the price for a VIP card is now $60 with the same benefits as before. I have a feeling that this won't be the only price jump in store... anyone hearing any different?

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avatar for SanchoRG
SanchoRG
5 years ago
Yeah sorry world that’s America’s fault. Turns out when you flood the world with dollars they lose values. Maybe all the tightwads that convert to pesos here will be on to something when the USD:peso ratio becomes 1:10
avatar for booji boy
booji boy
5 years ago
I think it has more to do with CapEx and OpEx... the owners have sunk significant money into their remodels and the expansion into the east end of TJ. They now run four clubs plus four hotels.
avatar for mark94
mark94
5 years ago
Sounds like stripper economics. Everywhere else, when there are fewer customers, you lower prices to attract customers. In the stripper world, you raise prices under the theory that demand is inelastic. The first rule is that clubs and strippers deserve a certain level of income and customers must provide whatever is demanded.
avatar for booji boy
booji boy
5 years ago
@mark94: Agreed. I'm interested to see whether the people who run HK think that they can continue to unilaterally set the price levels or whether this represents an opportunity for the other clubs to undercut them and pull their business away. I know for a fact that if CC were to remodel their hotel (Jalos), I would look at staying there as a viable alternative to Cascadas if the price was right.
avatar for devl_dawgg
devl_dawgg
5 years ago
I'm staying at the hotel Ticuan on Revolucion in September. They have lowered their rates around 30%. You can get a room for $60 and a suite for $95. It is comparable to a mid-scale American hotel, includes breakfast and is significantly nicer (IMO) than Cascadas. The down side is that it is a 15 minute walk or 5 minute cab ride to Hong Kong.

Since I live on the east coast and work, I usually visit over a weekend. Frankly, HK is too damned crowded on weekends and I tend to visit other clubs in the Zona. Granted 8-10s are harder to find than HK but, they are there. Anyway, my two cents...
avatar for 623
623
5 years ago
Which 4 clubs are you talking about? I only knew HK, CheVela’s, and tropical. There is another one?
avatar for booji boy
booji boy
5 years ago
Actually, another two, Siete de Copas Bar and La Cueva del Peludo. So my math was off. :-)
avatar for JAprufrock
JAprufrock
5 years ago
Not ideal, but truth be told, if we ever get back to the way things were in the mongering world before this shit happened, I'll be delighted and prepared to pay a little more for the pleasures of the flesh.
I never took it for granted, but losing it for several months, maybe longer, really makes you appreciate it more.
avatar for gammanu95
gammanu95
5 years ago
I was having the same thought as JAprufrock. I was thinking of some recent SC trips I passed on, and how I should have seized the moment before I had no choice in the matter, like now. Whenever this is over and done with, a trip to HK is definitely being prioritized.
avatar for booji boy
booji boy
5 years ago
I'm glad that I ended up going there later than usual this year, mid-March instead of February like I typically do... I'm just saving my sheckels right now for the next window of opportunity and trying to write a coherent article on the logistics of getting there and staying there...
avatar for Jascoi
Jascoi
5 years ago
my last visit was March 2,3,4. this covid time is by far the looooongest time i’ve been away.
easily more than twice as long than before.
damn. i miss my girls.
,
avatar for JAprufrock
JAprufrock
5 years ago
^^They miss you, too, and said they have a surprise in store for you when you return.
avatar for Cristobal
Cristobal
5 years ago
I definitely see a (hopefully slight) rise in prices beyond the $10 increase in VIP membership, with the huge investment in renovations and expansion and the loss revenue from the Corona Virus crisis there will be little choice to raise prices.

Hopefully the prices rise only slightly, maybe $1 more for drinks, $5 more for short term rooms, etc.

Also, since HK is the lesder of the Zona Norte I doubt the other clubs will try to undecut HK to gain business, in fact it is mire likely AB & CC will follow HK's lead and raise prices too.

The prices for BGs to go arriba are determined by the BGs and thus it is more difficult to predict an increase, stagnant, or decrease in price, as competition amongst the BGs, the number of customers, and the BG's income threshold and expenses will set their respective arriba pricing.

Even if they do raise prices TJ mongering is a great value.
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