Tourism Price Wars
The Race to the Middle: How Fixed Costs and Seasonality Create Island Price Wars
There’s a phrase guesthouse owners repeat every low season: “I don’t want to drop my price — but I have no choice.” Across islands like Ukulhas, Thoddoo, Rasdhoo, Mathiveri, Bodufolhudhoo, and Feridhoo, the same pattern appears every year: * Prices slide * Margins disappear * Everyone matches everyone else * And the entire