There was so much news in Las Vegas last week that I really don’t know where to start. There weren’t any bombshells but there was a lot of interesting tidbits. I’ll try to keep the analysis somewhat brief so I can get to most of the news.
Caesars Entertainment, the nationwide casino chain just announced their new hotel partner. Wyndham Rewards, one of the largest hotel chains in the world, will soon become a part of Total Rewards’ TR Alliance.
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.
How do you alter your play to receive the best casino offers possible based on your bankroll? As I stated in the previous installment, it’s done by the timing of your gaming sessions, which directly affects your Theo (your theoretical loss to the casino, which is the way that the casino calculates what you are worth to them.).
The Las Vegas Convention and Visitors Authority (LVCVA) released their annual Las Vegas Visitor Profile last week. This is a snapshot of the average visitor to Las Vegas + Renovations, Gambling and more.
Earning Caesars Marketing Offers (and continuing to receive them) from a large casino loyalty program such as Total Rewards is a very complicated endeavor. There are numerous variables to consider, such as which property you are playing at and how popular that property is, how badly that property wants to drum up business, what games, amenities and restaurants are available, etc., but before I launch into specifics, let me define just what a Marketing Offer is.
It was a good news/bad news week for the many people who prefer Caesars and Total Rewards casinos in Las Vegas. The casino operator reported earnings last week and had some interesting information to share. After reporting earnings I found, even more, information from Caesars Entertainment. That information wasn’t “interesting” but it you should hear it anyway. Let’s start with the good news.
There’s no topic in Las Vegas from the past year that’s drawn more ire than paid parking on the Vegas Strip. According to the most recent visitor profile, from the Las Vegas Convention and Visitor’s Authority, 57% of the people visiting Las Vegas arrive by car.
It’s a very special holiday edition of Vegas News! Since I’m writing this during one of the holidays, there will be a little less opinion and observation than usual.
Las Vegas has evolved in ways that you would have never expected 10 years ago. Restaurants and dining are now generating almost the same amount of revenue for casino operators as gaming. Today, the action in Las Vegas takes place in more locations than just casinos.