I understand the second story is a just a summary of what RBI put out - and the charts used are taken directly from the report. But its difficult to figure out what most of the charts are showing - whether I am looking at mom/qoq or yoy numbers, or what do the %s mean - the seasonality should disappear if looking at yoy in most of the cases as majority of the trends mentioned have been playing out for multiple years now.
Loved the piece on amusement parks. I wonder if the reason is also the inability to scale beyond a point. Think about it: How many repeat customers can you really have in a business like this? I remember going to Wonderla early this year and that visit happened after almost 10 years. So, the next time I'll go will probably be after 10 years, and only if I have a strong reason to visit.
This piece really made me think about how many things we take for granted as pure fun, but there's a whole complex system underneeth. It's fascinating how you broke down the economics. I wonder if the lack of scaling is also a cultural thing, beyond just the operational challenges in a country like India? You always deliver such insightful stuff!
Hi - Thanks again for two good stories.
I understand the second story is a just a summary of what RBI put out - and the charts used are taken directly from the report. But its difficult to figure out what most of the charts are showing - whether I am looking at mom/qoq or yoy numbers, or what do the %s mean - the seasonality should disappear if looking at yoy in most of the cases as majority of the trends mentioned have been playing out for multiple years now.
Hi Dhiraj, thanks for your feedback. We'll try our best to explain these graphs better, or (hopefully) try making simpler versions of them ourselves.
Loved the piece on amusement parks. I wonder if the reason is also the inability to scale beyond a point. Think about it: How many repeat customers can you really have in a business like this? I remember going to Wonderla early this year and that visit happened after almost 10 years. So, the next time I'll go will probably be after 10 years, and only if I have a strong reason to visit.
This piece really made me think about how many things we take for granted as pure fun, but there's a whole complex system underneeth. It's fascinating how you broke down the economics. I wonder if the lack of scaling is also a cultural thing, beyond just the operational challenges in a country like India? You always deliver such insightful stuff!