Slate Money Perfecting the Balance Between Tourists and Locals
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May 26, 2025 Explore why hotel breakfasts may not be worth it and the debate over whether locals should get discounts at tourist hotspots. Dive into how tourist traps can overshadow authentic local experiences, especially in vibrant cities like New York. Discover the complexities of pricing dynamics in popular destinations, such as Venice, and how these affect both tourists and residents. Finally, hear thoughts on the balance needed to cater to visitors while preserving local culture and access to essential amenities.
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Tourists vs Locals Price Sensitivity
- Tourists and locals have very different price sensitivities for the same experiences in tourist towns. - Tourists often view expensive activities as a small fraction of the entire trip cost, unlike locals.
Avoid Tourist Restaurant Crowds
- Avoid overcrowded tourist hotspots by exploring lesser-known restaurants, especially in big cities like Mexico City. - Many average restaurants offer excellent meals away from tourist traps.
Experience Over "Best" Choice
- Emily Peck shared how choosing a less crowded ramen restaurant was better than waiting in a packed dumpling place. - The quality of experience sometimes beats going to the "best" or most famous spot.