Earlier quoted context omitted.
They live in a community. If they raise prices such that their friends and neighbors can not afford to eat there, they will become social pariahs. It would be very difficult to do, and it would alienate the very people they probably wanted to be serving. If you’re a restaurateur, you probably don’t even live near that restaurant. But this advice is tantamount to: tell your friends and everyone who helped you get wher…
It’s called supply and demand. If there is a 5 hour wait, there’s a problem: no local will wait 5 hours for a burger so you exclude them anyway. Price is the best mechanism to address supply and demand.
At the point where you're running 20 tables or more for three rounds every night (plus mabybe 2x lunch) you stop caring about making more money. Because if money were that important, you would have gone into investment banker, not chef.
Plus restaurants tend to get into and out of favour. IT'
And everyone hates tourist. Seriously: if you work anywhere close to tourists, you will hate work because it's full of tourists. Then you take a vacation and start hating yourself.