Tuesday, June 24, 2008

Man Ray

Back to prices. I read somewhere someone moaning that things are much more expensive in Alcúdia this year, that all the restaurants have put their prices up. Well, yes, some may well have put their prices up, but equally there are those that have not. But if a bar has whacked on 50 centimos to the price of a pint, and a returning client notices, then that bar's going to have to be doing something else well if that client is not going to shop around. Prices do vary even within reasonably close areas. In Puerto Pollensa, for instance, a pint of Mahou can cost 4.60 euros around and in the square; a bit away and you can get one for 3 euros. Similarly a round of four drinks for a family that can come to 9 euros off the square is 6 just down the road.

There are plenty of reasons why prices may have gone up - the additional costs of energy, petrol, social security etc. have to be taken into account. But while upping the price of a pint by 50 cents or so may increase the profit per pint, the question is whether those increased prices translate into volume of sales. It is volume that counts, and price, ever more so this season, is the key selling point for many. Of course, there is also the price perception issue, among the Brits most obviously. The strength of the euro has changed the mental picture for the tourist. Last year's 1.40 plus to the pound has gone down to 1.20 or so to the pound. Last year, that 1.40 was rounded up - to 1.50 in the tourist's mind; this year, it has been rounded down to 1.00. The tourist makes a cognitive error in calculating a 33% difference in value, even if it is an understandable error of mathematical convenience and even if the real cost has not shifted or has gone up by no more than, say, 10%. However, it cannot of course be denied that the euro in your pocket (if you are British) is worth less. And an evening out with a hundred euro note may, last year, have allowed you to enjoy a good night out and leave you with considerably more than enough for a bag of chips on the way back; this year, it would probably just be enough to cover the cost of that bag of chips.


And just on Puerto Pollensa. There will, in the next couple of weeks, be a new Chinese restaurant opening. Another Chinese, you ask? Well yes, except this one will bring with it an already strong reputation, as Ray from La Villa in Puerto Alcúdia has taken over what was La Vall (a remarkable piece of closely named serendipity, one feels) and will be bringing the 15 years of La Villa experience to Puerto Pollensa, from where people already go to Alcúdia in order to sample the La Villa menu. Well, from 8 July, they will not need to. And I think I may have mentioned this before, but La Villa is the only Chinese I know locally that gets itself listed in the a la carte league; it has also, unlike many Alcúdia Chinese restaurants, not had to stoop to the "buffet libre" form of promotion. Price is indeed important, but it is not everything.


QUIZ
Chain - The Four Seasons, "Let's Hang On"; The McCoys, "Hang On Sloopy". And what official role does Hang On Sloopy have? Yesterday's title - Kajagoogoo (see this here: http://www.youtube.com/watch?v=3P6I4pT_tVA). Today's title - a very different sort of question today. Ray isn't really Ray's name as such (I could give you the full Chinese, but I won't); neither was Man Ray the actual name of ...?

(PLEASE REPLY TO andrew@thealcudiaguide.com AND NOT VIA THE COMMENTS THINGY HERE.)

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