Las Vegas, deepest slide since 1940's

Admin wrote:http://www.nytimes.com/2010/10/03/us/03vegas.html?_r=1


Las Vegas has always been the last to slip into a slowdown, and the first to climb out. While change is happening, it is not happening as fast as others thought. But, it will happen.

The planes are full coming in and leaving, but the rates of occupancy are not what they want? From my past 25 years experience in the Vegas Casinos I suspect that it is not as bad as they want to play. In the past, the casinos / hotels (houses) will cry poor to gain the benefits of having people do more with less, challenge the workers Union contract, and make a greater % on sales and gambling.

Whada ya think?

Don

Admin wrote:http://www.nytimes.com/2010/10/03/us/03vegas.html?_r=1


Las Vegas has always been the last to slip into a slowdown, and the first to climb out. While change is happening, it is not happening as fast as others thought. But, it will happen.

The planes are full coming in and leaving, but the rates of occupancy are not what they want? From my past 25 years experience in the Vegas Casinos I suspect that it is not as bad as they want to play. In the past, the casinos / hotels (houses) will cry poor to gain the benefits of having people do more with less, challenge the workers Union contract, and make a greater % on sales and gambling.

Whada ya think?

Don

Admin wrote:http://www.nytimes.com/2010/10/03/us/03vegas.html?_r=1


Las Vegas has always been the last to slip into a slowdown, and the first to climb out. While change is happening, it is not happening as fast as others thought. But, it will happen.

The planes are full coming in and leaving, but the rates of occupancy are not what they want? From my past 25 years experience in the Vegas Casinos I suspect that it is not as bad as they want to play. In the past, the casinos / hotels (houses) will cry poor to gain the benefits of having people do more with less, challenge the workers Union contract, and make a greater % on sales and gambling.

Whada ya think?

Don

Balkiebisback wrote:

Admin wrote:http://www.nytimes.com/2010/10/03/us/03vegas.html?_r=1


Las Vegas has always been the last to slip into a slowdown, and the first to climb out. While change is happening, it is not happening as fast as others thought. But, it will happen.

The planes are full coming in and leaving, but the rates of occupancy are not what they want? From my past 25 years experience in the Vegas Casinos I suspect that it is not as bad as they want to play. In the past, the casinos / hotels (houses) will cry poor to gain the benefits of having people do more with less, challenge the workers Union contract, and make a greater % on sales and gambling.

Whada ya think?

Don

Greetings Don,
I am confused by your first two statements. If the planes are full coming in and leaving, how can the rates of occupancy not be what they want? A full plane equals 100% occupancy. Are they too full? Are the flight attendants working too hard? Perhaps my command of the English language is lacking and I am missing your point. If that is the case, please accept my humble apology. For you see, unlike you, English is not my native language.
Balkieb

RWH wrote:

Balkiebisback wrote:

Admin wrote:http://www.nytimes.com/2010/10/03/us/03vegas.html?_r=1


Las Vegas has always been the last to slip into a slowdown, and the first to climb out. While change is happening, it is not happening as fast as others thought. But, it will happen.

The planes are full coming in and leaving, but the rates of occupancy are not what they want? From my past 25 years experience in the Vegas Casinos I suspect that it is not as bad as they want to play. In the past, the casinos / hotels (houses) will cry poor to gain the benefits of having people do more with less, challenge the workers Union contract, and make a greater % on sales and gambling.

Whada ya think?

Don

Greetings Don,
I am confused by your first two statements. If the planes are full coming in and leaving, how can the rates of occupancy not be what they want? A full plane equals 100% occupancy. Are they too full? Are the flight attendants working too hard? Perhaps my command of the English language is lacking and I am missing your point. If that is the case, please accept my humble apology. For you see, unlike you, English is not my native language.
Balkieb

You need to step up your postings here if you're going to live up to your buddy "Gary's" expections that you're going to "bring down" this site.

Admin wrote:Whas up dude!

My goal is never to bring down AVLV. It serves a need for people that go there again and again, .... They go there because it has what they want. They want to argue,l bitch slap act juvenile and do everything except what the group is supposed to be for. Some days I want Chinese food, some days I want Jasons Deli. I go what offers me what I want. Usually I go to Jasons Deli by the old rail yards north of downtown.
We are in the building process here in this group. We are creating something that will benefit guests, prospective tourists and the like. I do not have emotional laden ego involved in this. My goal is to provide an alternative, ...a productive alternative to what is offered there for the Vegas tourist. It will develop and grow with everyones assistance, participation and contributions.

Ever wanted to find out something about Vegas. Perhaps it was just info on a show, or a buffet, or a room rate?? You need to have a place to go where people have expressed an experience or a view on just what you are looking for. We are building towards that. And we will achieve it as well!

Thanks,
Don, most fefinately in Las Vegas

RWH wrote:

Balkiebisback wrote:

Admin wrote:http://www.nytimes.com/2010/10/03/us/03vegas.html?_r=1


Las Vegas has always been the last to slip into a slowdown, and the first to climb out. While change is happening, it is not happening as fast as others thought. But, it will happen.

The planes are full coming in and leaving, but the rates of occupancy are not what they want? From my past 25 years experience in the Vegas Casinos I suspect that it is not as bad as they want to play. In the past, the casinos / hotels (houses) will cry poor to gain the benefits of having people do more with less, challenge the workers Union contract, and make a greater % on sales and gambling.

Whada ya think?

Don

Greetings Don,
I am confused by your first two statements. If the planes are full coming in and leaving, how can the rates of occupancy not be what they want? A full plane equals 100% occupancy. Are they too full? Are the flight attendants working too hard? Perhaps my command of the English language is lacking and I am missing your point. If that is the case, please accept my humble apology. For you see, unlike you, English is not my native language.
Balkieb

You presuppose that the casinos and hotels are empty and doing bad. They are actually, IMHO, doing a bit better. They would run at 103% of occupancy, allowing that 3% of reservations are no shows. Now, they are running at 90-95% o9f occupancy and screaming they are loosing money. In Vegas when the casinos scream that they are loosing money, they do not mean the same thing we do when we would say that. They are loosing 5 million because they are 5 million under projections, not actual cash flow. So, if you project 25 dollars (knowing the real number is 20) you will have a tactical point where you cans scream 5 loss!

They are cheap bastards and would sell their mothers ear wax.

Don

You need to step up your postings here if you're going to live up to your buddy "Gary's" expections that you're going to "bring down" this site.