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Open Roads Forum  >  RV Parks, Campgrounds and Attractions

 > We had to go to Kalispell....

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pianotuna

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Posted: 08/15/21 02:11pm Link  |  Quote  |  Print  |  Notify Moderator

Oh for a self driving RV!


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Bionic Man

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Posted: 08/15/21 03:22pm Link  |  Quote  |  Print  |  Notify Moderator

I was just in Montana for business a few weeks back. I couldn't find a Marriott or Hilton property for less than $350/night, and that was with advanced reservations. People coming in without reservations were paying over $500/night for a Fairfield (if there was a room available).

Supply and demand, as well as lack of available employees, at work. (The hotels were limiting capacity due to lack of staff).


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mockturtle

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Posted: 08/15/21 03:46pm Link  |  Quote  |  Print  |  Notify Moderator

Quote:

(The hotels were limiting capacity due to lack of staff)


Kinda like hospitals now.


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wapiticountry

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Posted: 08/16/21 07:36am Link  |  Quote  |  Print  |  Notify Moderator

A very successful friend in retail always says you can tell the price is right if the buyer is cursing the price while reaching for their wallet. It appears the park's rate was spot on.

mowermech

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Posted: 08/16/21 08:00am Link  |  Quote  |  Print  |  Notify Moderator

wapiticountry wrote:

A very successful friend in retail always says you can tell the price is right if the buyer is cursing the price while reaching for their wallet. It appears the park's rate was spot on.


No. I reserved and paid because I had no choice! I tried to find a lower rate near Kalispell, and there just were not any sites available. Keep in mind the park was nearly half empty! That, in itself, tells us what others thought of the rates and the park. I quite likely could have found a site at a better rate anywhere from 10 to 30 miles from town, but for that time such a distance was not acceptable.


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mikestock

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Posted: 08/18/21 06:11am Link  |  Quote  |  Print  |  Notify Moderator

The first rule in business: Charge too much and you won't make money, charge too little and you won't make money. The best rate to charge is the one that maximizes profit. Unless this campground is full when all others in the area are full he needs to adjust accordingly or learn the hard way.

mowermech

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Posted: 08/18/21 06:15am Link  |  Quote  |  Print  |  Notify Moderator

mikestock wrote:

The first rule in business: Charge too much and you won't make money, charge too little and you won't make money. The best rate to charge is the one that maximizes profit. Unless this campground is full when all others in the area are full he needs to adjust accordingly or learn the hard way.


My sentiments, exactly!

Lantley

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Posted: 08/18/21 06:45am Link  |  Quote  |  Print  |  Notify Moderator

mikestock wrote:

The first rule in business: Charge too much and you won't make money, charge too little and you won't make money. The best rate to charge is the one that maximizes profit. Unless this campground is full when all others in the area are full he needs to adjust accordingly or learn the hard way.

While there is a sweet spot. "Chick Filet" Capacity does not equate to success. Ruth Chris does not want to set their prices such that they have a line wrapping around the building like a McDonalds.
There are profit margins. Capacity alone does not = profitablity.
You can be just as profitable at 50% capacity as you can with 100% capacity if your rates are set at a profitable level.
Low rates are not necessarily the key to success/profitabilty.


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cptqueeg

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Posted: 08/18/21 07:00am Link  |  Quote  |  Print  |  Notify Moderator

Bionic Man wrote:

I was just in Montana for business a few weeks back. I couldn't find a Marriott or Hilton property for less than $350/night, and that was with advanced reservations. People coming in without reservations were paying over $500/night for a Fairfield (if there was a room available).

Supply and demand, as well as lack of available employees, at work. (The hotels were limiting capacity due to lack of staff).


Montana State Fair shot the rates up in Bozeman a few weeks ago.

cptqueeg

Idaho

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Posted: 08/18/21 07:04am Link  |  Quote  |  Print  |  Notify Moderator

mikestock wrote:

The first rule in business: Charge too much and you won't make money, charge too little and you won't make money. The best rate to charge is the one that maximizes profit. Unless this campground is full when all others in the area are full he needs to adjust accordingly or learn the hard way.


In this case the OP is comparing rates to others in different location(s) that weren't suitable to his needs.

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