ocean park HK

A rate fence is a barrier between target markets that ensures that different markets pay different prices. Landman (2010) notes that there are physical and non-physical rate fences. In the hotel industry, a physical rate fence might be the quality of the room -- the guests need to discern a difference in order to justify paying a higher price. A non-physical rate fence would be something service-oriented, for example.

The pricing structure at Ocean Park Hong Kong highlights a number of different rate fences. The basic prices are set out for adults, children and families receiving assistance from CSSA. Children under 3 and seniors enter free, as well as people with disabilities if they hold a "registered card for people with disabilities." These could be considered non-physical rate fences, but they are closer to just reflecting price discrimination that allows some people to enter free. These are...
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