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I was never a potential customer, but...
Disney has been going this same way for a while too.
The idea that they can make the same money from charging more from fewer customers does have some merit.
The question still stands whether that's sustainable.
Disney appears to be at a tipping point.
If this continues, expect closures and bankruptcies. There are B school cases about companies cutting seemingly unprofitable stuff, and going broke. I'm not interested in either Vegas or Disney, but might take advantage of cheap deals in Tahoe so I can mountain bike.
ReplyDeleteHeading there in a few months for one of my wife's glass conferences... NOT on the strip and hopefully the place is as nice as it was last year. Southpoint at least for the con seems like the rates are reasonable and the property has pretty much everything the old Vegas places did. Me, I'll be working from there for a few days, just from a different room/desk :-) Shame about the Strip, but I never liked crowds all that much and it changed a lot since the mid 90's when I got out of the Army and we visited a buddy who was a local and showed us the much better options for broke ex-GIs... Those options seem to have gone away as well...
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