Friday, January 15, 2010

Price comparison: Ice skating

While ice skating is a popular winter activity in northern latitudes, ice skating rings can increasingly be found all over the world – even in cities located in the tropics or in the desert. Hence, the Asian Wall Street Journal’s weekly Arbitrage column has recently conducted a survey of prices for 2 hours of ice skating with skate rentals in various cities in Asia and around the world. Surprisingly, the survey found that prices were highest in (icy) London and other European cities and lowest in Asia. In fact, prices in London, the highest price city, were about US$35.56 while prices in Kuala Lumpur were only about US$3.88. In other words and if you are in London, skate outdoors and if it is summer, wait until winter!

Price Comparison*

London 22 Pounds US$35.56
Rome €16 US$23.16
New York City US$19.13 US$19.13
Brussels €12 US$17.37
Paris €10 US$14.48
Frankfurt €9.5 US$13.75
Singapore S$18 US$12.59
Shanghai 58 Yuan US$8.54
Bangkok 250 Baht US$7.56
Manila 300 Pesos US$6.55
Hong Kong HK$50 US$6.45
Jakarta 42,000 Rupiahs US$4.58
Kuala Lumpur 13 Ringgit US$3.88

* For two hours and includes skate rentals. Prices based upon exchange rates as of January 13, 2010.

Hong Kong Ice Skating

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