Does It Make Sense To Increase Prices Now?

With the economic downturn a lot of companies are increasing prices to stay afloat.  Does this make sense? Who are they targetting to spend at their outlets then?

Some Tourist Industries are doing the same thing because tourists have dwindled over the last few months.  Why not lower the prices or give great discounts to attract the locals, at least for the time being until things pick up?  Doesn’t it make more sense to do this instead of hoping to break even while paying high maintenance costs?

Seems to me that the hole being dug is just getting a whole lot bigger!

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