Monday, June 8, 2020

Giving Away the House? Las Vegas Resorts Reopen With Rock-Bottom Rates

Clément Bardot / Wikimedia

Las Vegas resorts are dropping rates and waiving fees to win over the initial wave of travelers coming out of coronavirus shutdowns. Clément Bardot / Wikimedia



Skift Take: Vegas casino operators may care more about occupancy over daily rates in the initial recovery, but prolonged room discounts can alter guest rate expectations — and sink hotel revenue streams for the long-term.

— Cameron Sperance

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