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Is The Golden Age Of Vegas Visitation Over?
Fellow VegasGangster Jeff Simpson aptly described the recent trends in lowball Vegas hotel room rates as "The Golden Age in Vegas Visitation." With rates for the highest of the high quality joints hovering in the low $100/night range for three or so months (less if you keep your eyes on coupon codes) there has never been a better time to book your 2009 Vegas plans or squeeze in a surprise trip to feed your jones.
We did a cursory check of hotel rates at 13 different Vegas joint websites, and compared them with travel search engine Kayak.com to see how well the Golden Age theory is holding up. Check it out:
Prices quoted are 'per night' based on a two night stay Friday June 26 - Sunday June 28, 2009.
| Direct | Kayak.com | |
|---|---|---|
| Wynn Resort King | $264 | $181 |
| Encore Resort Suite King | $229 | $169 |
| Bellagio Deluxe | $259 | $223 |
| Venetian Luxury | $398 | $178 |
| Palazzo Luxury | $418 | $209 |
| THEhotel | $539 | $300 |
| Mandalay Bay 550 DR | $299 | $284 |
| Ballys | $139 | $120 |
| MGM Grand | $185 | $185 |
| TI | $169 | $169 |
| Mirage | $229 | $143 |
| Luxor | $125 | $111 |
| Planet Hollywood 'Hip' | $209 | $189 |
The data reveals that that hotel rates are surely rising with the temperature and will probably continue to do so as the summer travel season reaches its peak in July and the economy continues to strengthen.
Hotel room vendors found via Kayak.com are undercutting direct rates in almost every case... some by almost HALF of Direct rate quotes. Enterprising trippers who really want to save on their summer plans should research using Kayak, and consider booking via bidding services Priceline.com and Hotwire.com to snag distressed inventory that casinos would be willing to unload at rockbottom prices.
If you are thinking about booking this summer or fall, don't wait. Barring a recurrence of the swine flu and another economic catastrophe, prices will definitely continue inching upwards.
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Comments & Discussion:
Is the Venelazzo really overpriced, or is kayak.com getting you a great deal? I'm not being snarky--I'd really like to know what people think.
Rates on the Palazzanetian websites tend to run at least 30% higher than other travel retailers. My guess is that they keep the rack rates on the website high due to the preponderance of convention bookings. Those with corporate credit cards expense accounts don't give a crap how much stuff costs.
Anyone know what the 5-star hotel it is that hotwire supplies? or the 4 or 4.5 for that matter. I know from someone I work with that the IP is their 3-star hotel.
It appears from the offers that I've been receiving that simply having a player's card commands much better promotional rates than any of the travel sites for virtually all of these hotels. I'm still getting offers for weeknights at the Wynn for $99 and it isn't from any material amount of gambling.
So true about the offers one can get for simply having a player's club card. I haven't put any credits on my Total Rewards card in over a year (and let the credits I had expire) and I can get some pretty nice offers, including some comped nights (At Harrah's, the Impotent Palace, and Flamingo just for starters.).
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