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Re: The limits of price elasticity
[Re: MrEZgoin]
#318718
04/29/2024 10:15 AM
04/29/2024 10:15 AM
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Joined: Oct 2009
Posts: 1,681 Memphis, BVI, CT
RatmansWife
Traveler
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Traveler
Joined: Oct 2009
Posts: 1,681
Memphis, BVI, CT
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Sorry to hear about all these bad experiences. We went there for the first time a few months ago and were pleasantly surprised. It was lunch time and the place was packed. We're not big drinkers and one of our party is a recovering alcoholic, so we ordered cucumber tea, which was delicious. I think we shared an appetizer and each had tacos or something. We thought the prices were very fair - at least in comparison to BVI restaurants!
A 6 oz. burger at Cooper Island is $34; at the time I think Marina Cay was charging $28 for a burger. We have tried many of the restaurants. Without alcohol, lunch is seldom less than $30. And that's not lobster!
We called our BVI insurance agent last week to raise our coverage in light of increased building costs. They told us there would also be a 10% price increase, so 25% increase in one year! Our gardener/handyman now costs $265/day. As Bailau says, we're fortunate to be able to enjoy the BVI, but costs are extremely high.
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