We just finished a relatively slow news week in Las Vegas, except for news about WSOP moving to the Vegas Strip. News tends to slow down in Las Vegas after the final earnings reports heading into the holidays. Day-to-day marketing mostly evolves around holiday events and sales. Side note – check your favorite property for current deals. There are plenty available.
This week Caesars Entertainment, MGM Resorts, and Wynn Resorts reported earnings. This provides a lot of insight into Vegas Casino Earnings for 2021. Much like Station Casinos and Boyd Gaming earnings last week, there was a similar theme with the earnings calls. Casino corporations have learned how to effectively operate with a smaller staff and fewer amenities for guests.
Booking a hotel room in Las Vegas isn’t as simple as it used to be. Actually, just visiting the Vegas Strip isn’t as simple as it used to be either. The addition of resorts fees to advertised hotel room prices in Las Vegas over the years mean that your hotel room price isn’t what you’re being told it will be. But wait, there’s more! There is another fee if you plan on using a car in Las Vegas. Many casino operators on the Vegas Strip are now charging an hourly and daily parking fee for self-parking and valet. These parking fees are applicable to anyone with a car visiting or staying at the property.