Wednesday, December 03, 2014

WOULD RESORT FEES KEEP ME FROM VEGAS

I posted this on a Vegas discussion board and thought it worth keeping as boiler plate

Resort fees are charged to enable the casino hotel to raise the price of the rooms and get the full value of the raise in price even when the room is booked at discounter sites.  The discounter gets a piece of the price of the room, but none of the resort fees.
They are charged as a mechanism to sort out the gamblers from those just visiting Vegas.  Many places charge no resort fee for comped rooms earned by gamblers.  Others will negoatiate the resort fee after substantial play.  So, it becomes another carrot on a stick to encourager folks to play more.
They are also used as an incentive to encourage upgrading.  Casinos and hotels will often drop the resort fee when upgrading, so the customer has one more reason to spend a bit more.
It is true that if no one paid them, they would go away. 
However, clearly the market has spoken.  The CET experiment in advertising "no fees" to attract customers failed.  That seems to suggest that at no time in the near future will folks actually stop buying because of resort fees.
Personally, it hit my own frugal booking for 24 night trips pretty hard.  Live poker play at CET before resort fees got me decent room rates (below resort fee prices now) and that all dried up. 
Adding just one pay night to my comped two nights at the Gold Coast cost more than it would have without resort fees.
I paid on average $9.25 a night for my last 24 night stay, so a $28 resort fee pushes my average 300%.  Folks who are paying $375 a night for a room see only a slight percentage increase.
That being said I spent 5 nights on the strip when I paid only the resort fee, 3 using MyVegas and 2 using one of the CET coupons for Planet Hollywood.  This was very frugal since the resort fee is the same cost on weekend nights and a resort fee only room offers more value Friday and Saturday than on weekdays.  Also, the MyVegas room at Mandalay Bay and the Planet Hollywood rooms were pretty amazing.  MB would have cost $375 the night I stayed.  In addition, I did find an amenity that was worth the resort fee price in all strip locations.  PH had a heated pool.  Monte Carlo and Mandalay Bay each had a lazy river that opened early enough for me to swim mornings on my one-nighters.  I hate exercise, but this was a delightful workout for an old guy.  With no tube swimming while being zipper around was actually the best exercise I've had.  Along with al the walking and rolling of luggage and healthy food choices at the buffet, I dropped my diabetes sugar numbers.  And I could not get that sort of exercise anywhere else, because water parks are filled with kids.  These lazy rivers were heated and empty at 8 or 9 when they opened.  I will certainly do the MyVegas resort fee only room specials again and I have to think about whether the advantage to my health demands I stop being so frugal and spend the money (and resort fee)  on rooms at Mandalay Bay.
At any rate, I have to think that MyVegas and those CET friend and family promotions are easier to market with resort fees kicking some value back to the casino even from a guy like me who never gambles a slot machine or low pay VP at strip joints.
Nothing will keep me from visiting Vegas.  If money is tight, I may gamble less.  I may round out my trip at Arizona Charlie's on Boulder where $38 will buy me a two room suite but not a lazy river.  Certainly, I save the resort fee by gambling at full pay VP and poker tables that at least at times are filled with tourists.  The best limit poker I played was late night 3-6 at Mandalay Bay and 2-6 spread (and Pineapple) at Monte Carlo and that was always very late at night when to be comfortable I needed to slip into a nearby bed. 
VP in New York state equivalent to what I play downtown in Vegas is actually illegal because it pays over 100% with perfect play.
It is rare that I don't hit enough fully paid full houses and flushes in a day of VP to cover any resort fee.  It certainly covers that charged by the Gold Coast and Orleans or Sam's Town.  In strip casinos I never play any of the machines.
This past trip in 25 days I lost $928.  That is more than covered by what I saved in hotel rates.  Food expenses were under $12 a day.  Entertainment gave me 13 live music or staged shows for an average of $7.  My 14th was a Chris Angel ticket at $87 to go along with my son.  I can't go anywhere cheaper.
My transportation was $38 total for 25 days.  At home it costs me $40 in gas and tolls  to drive one day and back to the nearest local casino where the food comps are less and the drink comps are coffee or soda only.
Two buddies joined me for a week.  They live not far from me, but actually they are so busy at home with work and family, I rarely see them.
There was a blonde board meetup and conversation with a couple dozen people I often write with but only see in Vegas.
I met, talked and danced with  an amazing collection of people from all over the world. 
http://vegasbirthdaybash.blogspot.com/2014/11/tr-snippet-people-of-interest.html
My son from Chicago joined me
http://vegasbirthdaybash.blogspot.com/2014/11/tr-snippet-time-with-my-oldest-son.htmland took me out to Red Rock. 
http://vegasbirthdaybash.blogspot.com/2014/11/red-rock-canyon-with-son-frank.htmlTo be with him one on one without interruption was a very rare treat.
[url]http://vegasbirthdaybash.blogspot.com/2014/11/red-rock-canyon-with-son-frank.html[/url]
No local casino gives me that kind of social life.
Finally, it was cold here and I was swimming there.  I rarely needed more than a very light jacket and generally, to cover after dark bus stop waiting, I just stuck my new MyVegas Palace Station tee shirt in my cargo pant pocket and that was plenty of extra warmth.  That precluded leaving my jacket in some casino.  The cargo pant pockets automatically go with me when I leave, even if I leave drunk or tired.
These benefits easily outweigh the frustration of resort fees.

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