Archive for November, 2006

MGM Mirage Project City Center

Monday, November 20th, 2006

City Center is a 76 Acre mixed gaming, condo and shopping experience.  The City Center is being developed by MGM Mirage on the same land the as the Boardwalk, which is between the Mirage and The Bellagio.  The plans call for 2,800 luxury condominimums, a 4,000 luxury hotel and casino and a 400 room hotel without gaming.  The over all design is going to look like an urban environment that is slated to cost over $7billion.

There are many realtors looking for your business.  This could be a good opportunity for an investment on the south end of the strip, if you are willing to get in early.  With every investment there is a risk and when Vegas reaches the law of diminishing returns is anyones guess.  Las Vegas took a pretty sizable hit with 9/11 and has rebounded and is better than ever.

Vegas always sheds its skin and this is just another notch in the belt.  I am looking forward to seeing the final results, but I do miss the old Vegas and the low cost hotel casinos.

Visit the City Center website for more information City Center Official Website

 

Tropicana Planning $2 Billion Upgrade

Monday, November 13th, 2006

Tropicana’s new owners, Columbia Sussex Corporation are planning to invest $2billion in a makeover.  The upgrade will include new towers and give the old casino a full makeover.  This will give the hotel / casino another 8,000 rooms.  Construction is slated to start next year sometime

Las Vegas Trip Report for Nov 3 - 5 2006

Friday, November 10th, 2006

As most of you know, the people who read and contribute, I went to Vegas Nov 3 – 5th 2006 and stayed at the Hilton Grand Vacations Condominiums (time share).  Before you go uh-oh, it wasn’t as bad as you think.

I arrived on Friday and secured a room on the 26th floor.  I asked for a strip view, which they do not have.  I asked anyway, even for an obstructed view and when I got to the room, the first thing I did was look out the window.  I was on the mountain side (even numbered rooms) looking at the mountains and I could see the Rio, Trump Tower, Circus Circus, The Stardust, corners and other edges of other hotels.

The room was nice it had a fully stocked kitchen, washer and dryer, stove, microwave, dishwasher, full size fridge, living room, bathroom with a glass shower, a bedroom with a Jacuzzi next to the bed.  The Jacuzzi really was next to the bed within 3 foot with a half height partition.

I am not usually one to go after a free stay with a sales presentation; In fact this was the first.  The two hour sales meeting went quickly they had a continental breakfast, a movie and there was NO PRESSURE, but the answer was still no.  The sales person was great and very accommodating and explained everything thoroughly. 

The time share program would be good for people who didn’t price shop and wanted to just make one phone call to book the reservation.  There was no specific time or property, you work off points and when those points were gone you wait until next year, buy more points or save the points you have left over.  You could stay at any Hilton Property or RCI property. 

The Problem with this was they figure out how much you travel and add all those numbers up and figure out what the total price of vacations would be for you over 30years.  Which was the price of a BMW M6 and they offer a 7 year loan @ 14.5%, or you could finance it yourself.  I could take that money and put it to better use.  Don’t forget the yearly maintenance fee.

The Hilton Property was nice but BORING, there wasn’t action, no Vegas Vibe, and it reminded me just a nice hotel with a pool.

The Hilton Property is located about a block from Circus Circus next to the new SKY Tower, so I rode the Deuce, which is common.  (Funny name for a Bus! “I am going to take a Deuce to Caesars”).  The Hilton does not offer any transportation, not even to their Hilton Casino.

Overall for Vegas, I would not stay at the Hilton Grand Vacations, unless it was less expensive.  I like the ability of getting on an elevator and exiting onto the casino floor.  It wouldn’t be Vegas without the vibe!

Here is a link to the Hilton Grand Vacations Website.  www.hiltongrandvacations.com

Las Vegas Smoking Ban

Friday, November 10th, 2006

Question 5, Which will take effect on Dec 8th 2006 bans smoking in Convenient stores, Supermarkets, and any place that has a food-handling license which includes restaurants and bars.  Smoking is still ok in Casinos.
Many businesses will feel the pain of this new law.  Many bars sell alcohol and food, they will have to decide what they will do with their business.  We have heard rumblings of establishments trying to get the new law overturned.

Question 6, Passed and will raise the minimum wage by a $1.00 an hour and go up with the consumer price index.

Question 7, which would legalized an ounce of marijuana for any one over the age of 21 which failed.

Prince Opens 3121 Club at the Rio All Suite Hotel

Sunday, November 5th, 2006

Prince opens 3121 at the Rio All Suite Hotel.

3121 will include performances from Prince for the next several Friday and Saturday nights and later his friends.  Including Sheila E, The Twins

The intimate 3121 club (formally known as Club Rio) is purple and seats 900, will be under sole artistic control of Prince. 

Wednesday Nights will feature guest performances by friends of Prince.Tickets are $31.21  Doors open at 10p

Thursday Nights will be 3121 Latin Labido Night. Tickets are $31.21 Doors open at 10p

Fridays and Saturdays: Prince Live. Tickets are $125.00 Doors open at 10p

Tickets: Rio Box Office at 702-777-7776

Prince’s Personal chef Lena Morgan. will run the 3121 Jazz Cuisine restaurant. Doors open at 5p

Dinner reservations, please call 702-777-7702