Friday, 28 February 2020

Caesars Entertainment Corp. raising resort rates


Starting next week, four properties owned and operated at Caesars Entertainment Corp. in Las Vegas will see their resorts fees raised by $2. The change will be seen at the Harrah’s Las Vegas, Bally’s, The Linq Hotel and the Flamingo. Rates will go from $35 a night to $37. After taxes are tacked on, the fee will be $41.95 total.

Staying Competitive:

Caesar’s reported the resort fee change and stated that the increase is coming to help the brand stay competitive with such other resorts as The Mirage and MGM Grand. These competitors have rates of $39 per night.

Players of the Caesars brands who are Rewards loyalty members have the potion of being exempt from the resort fee. However, such members must be off the Seven Star or Diamond status.

According to Las Vegas Review-Journal…

Founder of Kill Resorts Fees and a Travelers United attorney, Lauren Wolfe, commented that the short term revenue increase for the brand in Las Vegas is not worth the long term damage that such resort fee increases can bring.

According to Ms. Wolfe, people are upset about the fees and want to see them end, so it is disappointing to see companies going in the opposite direction. Ms. Wolfe has been lobbying with lawmakers to see legislation created that will require resorts to provide transparency when advertising room rates. So far, she has 10 co-sponsors for a measure and is pushing to move the legislation through the legal process.

MGM Resorts Raises Fees in 2019:

Last August, MGM Resorts decided to change the resort fee prices of the Bellagio, Aria and Vdara. The fees of these properties increased to $45. This was a $6 change from the previous fee amount. The properties increased their fees to stay in line with competitors like the Palazzo, The Venetian and the Wynn Las Vegas.





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