Okay Pluk, seeing as you seem to have the opinion that I don't know what I am on about.
Thorpe Park has now got 4 main things to make profit from. The food/shop outlets, fastrack, tickets and the hotel. Now then, the outlets will make an average profit each month and the Investors will know these from projected monthly income charts/spreadsheets/whatever, these each year may go up but won't change. Fastrack can change from day to day however there is a way and Thorpe have done this to predict the profit from these which is they will use the basic logic or this is how many we need to sell a day to gain this much profit. Which will be one of the reasons why they sell X amount of fastrack. Tickets, they can predict the profitability of tickets through expected gate figures, what they can't predict is how many people will use BOGOF so they have a wavering profit margin for tickets. Now onto the hotel, obviously due to knowing all this they may have put prices up as the investment they have put into the hotel most likely won't be paid off as quickly as they want so prices go up, now there are many reasons for this and one of the most likely would be the state of the economy.
Summary: Profits not enough = prices being higher for the hotel
Now onto the Private Equity Venture Capitalists, they will give Thorpe Park a set amount of money for investments, for this Snoozebox they will have given them a certain amount of money to invest now what Thorpe Park need to do now is turn it into profit to give the invested money back and make enough to gain them money to invest in running the hotel. Now then if Thorpe were to lower the prices they would have enough to pay the investment back but not enough to cover the costs that the park themselves incur such as running said hotel.
Summary: To be able to gain enough profit to pay the investor back and run the hotel = prices being higher for the hotel
One of my points was that a lot of the people on here have been making it out like Thorpe are doing it for their own greed, yes in a way they are but not as much as people think. Like I've just said to be able to pay the investors back then they need to make a pricing strategy that's sound enough to make them enough profit to cover costs and have some money left over to pay for other things they may want to do. Such as theming.
You keep asking for my opinion well my opinion is taking all of the knowledge I have I say that the price is right for gaining enough return on the hotel for a year, now if these prices were not to go down next year then I may have an opinion on it more. For now I say that it's the right price for getting a return on the investment to pay what they need back and to run the blasted thing.
As for your comment on you don't know who I am, my name is Holly, I've been on here since end of 2006, I was banned for a year and a bit and now I'm back, I changed my name so to separate my real life from here as I let my real life affect the way that I acted on here. I have an A Level in Business Studies and am currently studying at University on a HND in Business Studies.
Next time you try and make me out to be an idiot and try and publicly humiliate me which is what that just felt like. Find out a bit more about me. I don't usually back what I say up with facts because too be honest I am lazy, but try to fight me on Business which is a major passion of mine and it will annoy me. Please feel free to use PM and please feel free to complain about me all you want, it's nothing new to me as I come across as sarcastic and mean on the internet but I'm not like that in person so try not to personally attack me until you have actually met me.
