Baltic Sea resort restaurants charge top prices in busiest tourist spots

Economist Justyna Osuch-Mallett explains the "promenade economy" phenomenon: during the summer season, restaurants and eateries along the Baltic coast charge the highest prices precisely where tourist traffic is most intense. The premium reflects high demand, limited competition and a location rent that businesses can extract from holidaymakers. Tourists effectively pay extra for convenience and proximity to the beach.

Are high prices at Baltic Sea resorts economically justified?

TVN24 · 17d ago · Source ↗

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Baltic Sea resort restaurants charge top prices in busiest tourist spots

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