Inside a luxury suite at Philips Arena in Atlanta.

The premium seating market has been compared to real estate, with prices constantly fluctuating based on supply versus demand. And just like the crash of the housing market, suites and club seats are facing a changing economic reality that has caused consumers to band together.

 Bill Dorsey, chairman at the Association of Luxury Suite Directors, said that the exclusive, closed-door policy of suites is changing.

“Now exclu...

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