With 130,000 available hotel rooms (148,978 if you are accused of Nye County and Laughlin), you might think that there are "suggestions". You probably wrong! Search for "transaction" in the city, whose basic properties of the resort close to the power, it becomes difficult. Why? Since the top of the resort properties are controlled by a single group of companies, which do not have incentives to discounts.
Vegas & # 39; Law of supply and demand
Consider for a moment the simple law of "Supply and Demand". If demand is high and demand is low, prices drop. Vegas – it's booming, high-demand city, and offer small. How could it be with 130,000 rooms? The answer is simple: 30 million visitors annually and is growing! In fact, the growth rate is so phenomenal that mega resorts such as Mandalay Bay (43 stories for 375 million dollars in the spa tower complexes in 1120, completed in December 2004) and Venice (now expanded), and recently completion of the $ 2.4 billion Wynn Las Vegas (opened in April 2005) to add thousands of rooms to the "Heart of the strip." So phenomenal growth, that even such state financiers, like Donald Trump, begin to act. Demand for accommodation exceeds supply, so prices go up!
According to an interview with & # 39; w, published July 30, 2004 in USA Today, in Trump's plans include a 64-storey tower-kandominium hotel that will be built on the property of the Frontier Hotel in front of the resort Wynn Las Vegas Resort and close to the fashion Show shopping center.
Start of construction is planned in about 2005. In the project at $ 300 million will be thousands of hotel rooms and 50 luxury residential areas on the model of Trump Hotel Hotel and Tower in New York City. Casino at the hotel is not.
Only 10% of hotels in Las Vegas are booked online
In several articles I researched this year published in various journals and business analysts Hotel Industry, the actual booking rate hotels that offer their online visitors, around 10% across the country. I think this is a clear understanding and Las Vegas. (Our company is working on several websites that offer hotel reservations, and these numbers correspond to ours).
Additional evidence: "Only about 10 percent of our rooms are booked in Hyatt.COM", – said Gary Gotling, director of sales and marketing for Hyatt Regency Tampa.
This means that 90% of you use the Internet to gather information, but actually do not book online! Traditional travel agents and telephone calls are still a & # 39 are the preferred booking method. The Internet is used as a source of information collection and a little more. Big Players know this and use it to their advantage. Again, there is no incentive to offer lower prices, if your customers will not use them. I will briefly touch on the issue of taxation rates, saying that the majority of local governments hate the internet because rooms booked online at the interests of the state, crossing their existing tax pool. Expect that the officials of the local government will act soon on this issue.
So where your money is going, if you book the Internet?
If you search Vegas.com, you will find that it belongs to the company Greenspun Media Group (Henderson, NV), which publishes the newspaper "Las Vegas Sun Daily", and which has "Vegas Magazine", "Showbiz Weekly", "Business "" Las Vegas Weekly "," VegasGolfer ", Las Vegas, life and Ralstana report. Greenspun Media enters the Greenspun Corporation, which also has a local channel UPN 25. Greenspun with & # 39; is a partner in Las Vegas ONE, the cable channel for all the news. American Nevada Corporation real estate department "Grynspan", is one of the most well-known commercial and residential developers in the Las Vegas Valley. Their annual advertising budget exceeds 7 digits! Someone has to pay the price for all this advertising.
You can try a popular site LasVegas.com, which has an interesting history. Domain site was licensed in 2002 by Stephens Media Group media with Littlerock Arkansas (Las Vegas Review Journal, Hawaii.com) at the Mandalay Resort Group and Parkplace Entertainment. Then continue – 2004 Park Place became Caesars Entertainment, which in turn was purchased by Harrah & Entertainment. The transaction took place only a month after MGM / Mirage agreed to purchase the Mandalay Resort Group. I need a room on the strip? Hmmm – I think the pricing is fairly consistent! And to think that you could own LasVegas.com in 1997!
IAC (InterActiveCorp), which controls Mega Financier Barry Diller, working in these online travel agencies on booking
Expedition & Vegas packages
Note (a): Ekspedyya – № 1 in the total number of orders for online travel for armored online agencies. But their piece of the total "booking pie" is still very small. Mr. Dealer also oversaw the recent acquisition of "Ask Jeeves" for just 1.85 billion dollars. Do not expect that in the near future prices will fall numbers.
Saber Holdings Corp owns:
Travelocity – number 3 in the travel orders
Note: Saber became a "great player" in the travel agents industry, since most of the computers attached to them travel agents reservation systems. Travelatsity in 3rd place behind Expedia and Orbitz (now owned Cedant Corp.)
Cedant Crop – this is the greatest in the world Hotel Franchiser with over 6,400 seats, which has, or preferred:
· Orbitz – № 2 in tourist visitors
FYI – Cadant also has car Avis & Budget Rent A Car, Fairfield Resorts (resorts with temporary access), Cheap Tick.com, Century 21 and the franchise property Cankwell Banker.
So where you leave? I suggest that you quickly read the tips below.
Quick tips for visitors to Vegas on a Budget?
You probably think that I suggest a visit to the "off season." You do not need to do it! August temperatures often exceed 110 degrees – and this temperature instead of heat which radiates concrete and asphalt. No, I'm not suggesting you do something much more simple – stay away! Car hire inexpensive when compared to the high prices top Mega Resorts "on the band." Try a hotel in Henderson or Summerlin. I believe in small resorts such as SunCoast or Orleans.
Get a car rental and park for the Excalibur platform, New York, New York, or at the mall Fashion Show (it is covered and very safe). Click on the Internet about the & # 39; waking and see what is available. While 90% of the rooms are booked in the room, the hotel is not booked, actually advertise! Click on the & # 39; waking! One time I stayed at the Fiesta Henderson for $ 29.95 per night 3 nights in a row, and I had a suite with 2 queen rooms! I found this deal on the Internet & # 39; in reality! Actually when I called the hotel to try to get even better offer, they told me that I need to book via the internet! Try corporate housing are usually full during the week, but available on weekends when business travelers go home. Visit the websites of the hotel, where you can stop and sign up for promotions that you get offers directly prior to travel (just use the free address like Hotmail). Ask at the desk when you walk on any additional benefits or offers available to guests. This is similar to, to ask for a place in the box in an airplane, if you do not ask for it, then won. And my last piece of advice – "Form before fashion" – bring the most comfortable walking shoes and stock up on bottled water at the local grocery product, before you come to register.