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Old 03-12-2012, 10:44 PM
 
10,494 posts, read 27,250,314 times
Reputation: 6718

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Quote:
Originally Posted by m73m95 View Post
I didn't read the entire thread, so I'm sorry if I missed your post.


However, I do know that "facts" can be made to support any idea. I'm more inclined to believe what you've posted, than what others have posted though.
Thanks, as you and I have both been devastated by this economy, I am glad you also question what the lame steam media puts out.
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Old 03-13-2012, 05:02 PM
 
52 posts, read 92,378 times
Reputation: 47
Quote:
Originally Posted by las vegas drunk View Post
By reputable, what exactly do you mean? Corporate [mod cut-- language] media is not reputable as they always spin the news to bow down to their corporate sponsers. Please do not tell me that CNN, FOX, NBC, ABC or CBS are reputable, ok?
I can vouch for this, I agree and that's why I don't trust most media outlets.
Recovery is happening but it's very slow and not very significant like the pro-Obama sources make it out to be.
Vegas has been among the worst hit of any other place in the country. Any tourist on the strip can see how activity is lacking compared to what it used to be. The Echelon and the Fountainbleau projects have sat dormant for how many years now? Not a hard hat to be found.
A large part of the hotel-casino building frenzy took place before '08, lots of great new resorts to choose from but many aren't getting the business they need to keep above water. Even Citycenter hasn't generated the business they expected and one building is slated for demolition the last I heard.
Above all, the Vegas valley is too heavily-geared toward one industry. This is one of the reasons why the economy took an enormous hit. This is not the little resort gambling town it was in the 1970's and 80's. It's a big city now and should have an expanding varied job market like most other big cities do.

Last edited by observer53; 05-26-2012 at 02:57 PM..
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Old 03-19-2012, 12:23 PM
 
Location: Las Vegas
3,728 posts, read 9,476,338 times
Reputation: 1323
As the song goes on the CW Las Vegas channel "the city to talk about"


Moody's just came out with this, but here come those ridiculous gas/airline ticket prices also! Having been on the Strip this weekend, it was quite crowded wherever I went, I guess a lot of people in town for St. Patty's Day

Analysts at Moody's Investors Service in New York have become more optimistic about business conditions for hotel-casino operators on the Las Vegas Strip. Hotel numbers in particular are looking better, Moody's said in a report Monday titled "Las Vegas Strip...






Moody's analysts: 'The Las Vegas recovery is under way' - I4U News

Last edited by MomMom; 03-19-2012 at 12:40 PM..
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Old 03-29-2012, 10:58 PM
 
3,598 posts, read 4,950,670 times
Reputation: 3169
And the good news just keeps on coming...

Passenger count soars at McCarran during February - VEGAS INC
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Old 03-30-2012, 01:35 AM
 
2,724 posts, read 4,765,085 times
Reputation: 1042
Quote:
Originally Posted by logline View Post
And the good news just keeps on coming...

Passenger count soars at McCarran during February - VEGAS INC
I've read all the reports as well as the forecasts, if traffic is rising why are the room rates falling?

For example:
Green Valley Ranch 50% off, Aria $109/nt (w/$50 resort credit), et al.
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Old 03-30-2012, 01:46 AM
 
3,598 posts, read 4,950,670 times
Reputation: 3169
Room rates are RISING (see previous report if you don't believe me). Just because a hotel has a sale, doesn't mean the whole city is cutting rates. Anecdotes are not data.

Besides, I saw that same $109 sale over a year ago at the Aria. I remember because I almost booked it if it weren't for the fact that I already had another reservation. It's still a good deal.
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Old 03-30-2012, 03:33 AM
 
2,724 posts, read 4,765,085 times
Reputation: 1042
Quote:
Originally Posted by logline View Post
Room rates are RISING (see previous report if you don't believe me). Just because a hotel has a sale, doesn't mean the whole city is cutting rates. Anecdotes are not data.

Besides, I saw that same $109 sale over a year ago at the Aria. I remember because I almost booked it if it weren't for the fact that I already had another reservation. It's still a good deal.
I was looking for a reason based on logic, if they're running at high occupancy wouldn't slashing rates be counterintutive?

Where are these RISING rates? I see a ton under $50/nt.

Bally's = $35
Boulder Sta. = $18
Excalibur = $27
Fiesta = $17
Flamingo = $28
Four Queens = $27
Golden Nugget = $47
Harrah's = $28
Hooter's = $20
Imp. Palace = $24
Hilton = $40
Luxor = $32
Mandalay Bay = $49
Monte Carlo = $43
NY-NY = $42
Paris = $40
Rio = $21
Strat = $37

Last edited by eventusstultorummagister; 03-30-2012 at 04:17 AM..
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Old 03-30-2012, 04:34 AM
 
Location: Here and there, you decide.
12,908 posts, read 28,001,815 times
Reputation: 5057
Tell me, where and when can you stay at Mandalay or Paris under $50? Cite the source and dates, I'll plan a staycation. Paris for $40? Yeah right..
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Old 03-30-2012, 05:56 AM
 
2,724 posts, read 4,765,085 times
Reputation: 1042
^
Mandalay Bay
Offer Code: P2SPBK Availablity through: 04/29/2012
Arriving: Sun Apr 08, 2012 2 Guests
Departing: Tue Apr 10, 2012
1 550DR Room 2 nights $104.00

Mandalay Bay's special offers includes:
º $50 Cabana Credit
º 2-for-1 Breakfast at Crossroads at House of Blues
º Complimentary Admission to Moorea Beach Club
º $2.00 off Shark Reef Aquarium Admission after 4pm

Scratch Paris, clerical error, it's $60/nt.

The point is that prices (as far as I can tell) are virtually unchanged over the past 12 months.

Is somebody telling porkies?

Last edited by eventusstultorummagister; 03-30-2012 at 06:04 AM..
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Old 03-30-2012, 08:39 AM
 
Location: Kingman AZ
15,370 posts, read 39,121,360 times
Reputation: 9215
YES....you can still get GREAT deals Sun-Thur....last Fri-Sat I was selling rooms for $249-$319 [same rooms that I sold S-T for $27-$25.....also not unusual for the days adjoining that $27 night to be $76-$100..... AVERAGE rooms rates are moving up....specific days may be on sale if their are to many rooms.
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