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| Above, the Excalibur Resort Tower where a room tonight costs $504. Photo by Armand Vaquer. |
More than once, I've said that Las Vegas was more reasonable and fun when the mob was running it.
Today, corporate America is running the casinos and hotels. Whenever big events are held in the city, the hotel room rates skyrocket. Such is the case this weekend.
From the Las Vegas Review-Journal:
Southern Nevada’s resorts are expecting plenty of guests this weekend as the region welcomes a stacked calendar of special events happening on and near the Strip.
Last-minute travelers, on average, should expect to pay more than $600 per night at properties on and near the Strip.
Hotels and motels are preparing for a surge of tourists for the When We Were Young festival — a three-day music jubilee on Saturday, Sunday and Oct. 29 — at the Las Vegas Festival Grounds. A spokesperson for When We Were Young estimated that 60,000 attendees will be at the inaugural punk and emo festival, bringing bands from the early 2000s.
A survey of room rates listed on hotels.com conducted Thursday afternoon showed the average rate among 28 hotel-resort properties around the Las Vegas Strip was $646.14 a night, for a two-night stay starting Friday.
Rates can fluctuate up to Friday.
Some of the highest rates were seen at The Cosmopolitan of Las Vegas, $740 a night; Caesars Palace, $749; Delano Las Vegas, $929; Wynn Las Vegas and Encore, $1,034 each; and $1,099 for a room at Four Seasons.
No hotel-resort properties listed on hotels.com were offering two-night stays for less than $350 per night, according to the search. The lowest rate offered was $374 at The Venetian.
Tonight, Excalibur Hotel is charging $504 for a Resort Tower King Room. Ouch! Nothing like gouging the public. Still, it's cheaper than what the article posted.
To read more, go here.
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