Las Vegas gets more pricey
According to Vacations Hawaii, one ofthe largest Hawaii – Las Vegas charter and package-tour companies, has indicated that it has not seen any decrease in the numbers. Actually, about 10,000 people a month board its charter aircraft. The company that owns Vacations Hawaii, Boyd Gaming Corporation, has reported that it has seen its first quarter profits at it three Las Vegas hotels downtown rise by about 2.3 per cent to $64.5 million. This is atrributable to the strong feeder market in Hawaii.
For most Hawaiians who love to gamble — be it blackjack, poker or roulette — or take vacations, Las Vegas has captured their hearts. In fact there are many Hawaii residents who are now living in the city and the local culture of Hawaii has found a place in Sin City that it has led to some references to Las Vegas as the ninth Hawaiian island. Many Hawaiian residents are actually budget conscious and buy packages that will take them on a charter fligth and then put thyem at Boyd’s California Hotel and Casino as well as other less expensive properties in downtown Las Vegas.
According to many travellers who go visit Las Vegas, prices in the city has increased just like in any other vacation destination. This includes air fare, hotel rooms, as well as car rental prices. The prices have gone up very significantly and room availability has become very scarce. Even though the weekends have been traditionally the busiest and most expensive time to go on a vacation or trip, travellers say even weekday deals are beginning to get harder to find too.
Based on the figures arrived at by the Las Vegas Convention and Visitors Authority, the average room rates at the Las Vegas strip have increased by 19 per cent to $127.53 from figures posted last year. the increase can be partly attributed to the arrival of new, more upscale real estate properties as well as the change in the business model used for a casino. Before a casino would often lose money on both food and rooms in order to draw customers to the blackjack tables as well as the slot machines. The new paradigm now is that Las Vegas hotels are still expected to make money off the rooms and the restaurants.



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