Fluctuating Prices in Pubs: Fair or Greedy?
surge pricing: the practice of raising pricing prices during periods of high demand
How would you feel if the price of your beer went up and down according to the time of day? That’s what’s happening in the UK. Some pubs are raising their prices during busy evenings and weekends.
The Stonegate Group, a big company that owns many pubs, is doing this in about 800 of its 4,000 pubs. They say surge pricing helps them with higher costs for workers and other things.
Not everyone is happy about this. Customers are okay with surge pricing for hotels and flights because there’s a limited supply of these services. But when the supply remains the same, raising prices seems greedy.
What do you think? Is it fair to pay more when a pub is busy?
1. I wanted to book a taxi, but because of surge pricing, it was too expensive.
2.Many people don’t like surge pricing because it can make things cost more without warning.
3. If there’s a big event in the city, you can expect surge pricing on hotel rooms.