It's no secret that nearly every profession around the globe is feeling the effects of the economic crisis -- even prostitution. In Germany, where the world's oldest profession is legal, prostitutes have created their own version of a stimulus package. Brothels, like the GeizHaus in Hamburg, are offering, among other things, discounts to help lure back customers.
BERLIN (April 22) - It did not take long for the world financial crisis to affect the world's oldest profession in Germany. In one of the few countries where prostitution is legal, and unusually transparent, the industry has responded with an economic stimulus package of its own: modern marketing tools, rebates and gimmicks to boost falling demand.
Some brothels have cut prices or added free promotions while others have introduced all-inclusive flat-rate fees. Free shuttle buses, discounts for seniors and taxi drivers, as well as "day passes" are among marketing strategies designed to keep business going. "Times are tough for us too," said Karin Ahrens, who manages the "Yes, Sir" brothel in Hanover. She told Reuters revenue had dropped by 30 percent at her establishment while turnover had fallen by as much as 50 percent at other clubs.
