The Big Picture on Rooms and Rates
February 8, 2006 | 7:21
am
The Business Press asks "Are Cheap Strip Rooms Coming To an End" with an article worrying that the latest round of casino closings (Stardust, Westward Ho, and the Boardwalk) will soon mean the end of bargain rooms on the Strip. Meanwhile the Review-Journal is concerned "Added Rooms Could Affect Rates" and that all the new rooms being built will result in too many rooms with prices plunging. Seems like this may all work out just like there was this invisible hand guiding the Las Vegas economy.
