Like when do operators decide to invest in a new ride and what’s the payback cycle like?
Like when do operators decide to invest in a new ride and what’s the payback cycle like?
They have a really interesting blog overall.
Of course, elasticity goes in both directions. Demand that can be cut quickly, can also expand quickly.
Toilet paper is almost the opposite. And the extremely inelastic (and thus stable) demand means that competition is sharp and everything needs to be hyperoptimized for your business to stand a chance. There's almost no slack in the system, because that would be a needless expense.
I believe I once read a quip in The Economist about golf courses being a good investment for the second owner (the first usually going bankrupt).
And no, this isn't going anywhere. I'm not going to contact anybody for an interview or write a blog. This is everyday life in the real world. So much stuff going on that no one ever thinks about...