More Competition Coming to the Las Vegas Strip

by Jason Q. Freed, Managing Editor |

With little development over the past half-decade in Las Vegas, particularly on the Strip, area casinos and hotels have been able to capitalize on a rather imbalanced supply-demand equation. Resorts on the Strip benefitted from strong demand in a time of little new supply, pushing Revenue Per Available Room from $108 in 2008 to $148 in 2011, according to the Las Vegas Convention and Visitors Authority.

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Should Casinos Bet on OTA Demand?

by Jason Q. Freed, Managing Editor |

Traditional hoteliers have been debating the costs versus the benefits of third-party hotel room distribution for nearly two decades now. Since 2001, hoteliers have relied on online travel agencies like Expedia, Booking.com and Travelocity to reach more potential travelers than they can on their own. And they’re often outspoken about the cost of using such channels.

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Wynn Confirms Casinos’ Increased Focus on Non-Gaming Revenue

by Jason Q. Freed, Managing Editor |

According to casino mogul Steve Wynn, none of the casino resorts he has owned and/or operated — Mirage, Golden Nugget, Bellagio, Encore, to name a few — have ever done as much in gaming revenue as they have from amenities off the casino floor.

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