imabison
04-17-2008, 07:08 PM
Information just being sent out and release....
LAS VEGAS CASINOS ROLL OUT THE DEALS. Springtime is usually boomtime in Las Vegas - with pool-perfect weather drawing business travelers, gamblers, golfers and spa-goers eager to put winter behind them. The only catch: $500-a-night rooms; $300 meals; $200 show tickets. But not this spring. Reacting to a national economic slump that has decreased gambling revenues and room rates along the Las Vegas Strip, casino and hotel operators are offering up a buffet of springtime deals normally reserved for the hot, slow summer months. Already, room rates along the Strip are predicted to decline 23% through May 3, according to one analyst. Gambling revenues recently dropped for the second straight month and visitation is down slightly. Conventioneers are cutting their stays, and leisure travelers aren't coming in their usual peak spring numbers.
As a result, many properties up and down the Strip are running special spring rates under $100. And the deals aren't just in Vegas. Casino resorts across the country are offering to pay for guests' gasoline, theater tickets, massages and steak dinners. (Page D1, Wall Street Journal) (More on Las Vegas visitation and other destinations under Regional Roundup later in today's issue.)
LAS VEGAS CASINOS ROLL OUT THE DEALS. Springtime is usually boomtime in Las Vegas - with pool-perfect weather drawing business travelers, gamblers, golfers and spa-goers eager to put winter behind them. The only catch: $500-a-night rooms; $300 meals; $200 show tickets. But not this spring. Reacting to a national economic slump that has decreased gambling revenues and room rates along the Las Vegas Strip, casino and hotel operators are offering up a buffet of springtime deals normally reserved for the hot, slow summer months. Already, room rates along the Strip are predicted to decline 23% through May 3, according to one analyst. Gambling revenues recently dropped for the second straight month and visitation is down slightly. Conventioneers are cutting their stays, and leisure travelers aren't coming in their usual peak spring numbers.
As a result, many properties up and down the Strip are running special spring rates under $100. And the deals aren't just in Vegas. Casino resorts across the country are offering to pay for guests' gasoline, theater tickets, massages and steak dinners. (Page D1, Wall Street Journal) (More on Las Vegas visitation and other destinations under Regional Roundup later in today's issue.)