Quote:
Originally Posted by RJ
When I lived in Baltimore the only time I ever went to those places was when we had company from out of town. I think that's true for most of the natives. With fewer tourists you can probably look forward to more turnover.
|
That is part of my point when it is new it is cool for locals to go. Then after awhile it becomes old, and you only go for special events or when friends or families come to town. P&L is never going to be more popular than it is right now. For all the regulars...five years from now you won't be. It is a basic business truth when it comes to destination locations in a city.
The same holds true for sports teams and new stadiums. Year one and two large crowds and a lot of excitement, but if the product isn't good and the newness wears off attendance goes way down. Look at the Nationals and their new stadium. Hard to get in year one...now you can count the people in the stands on most nights.