Like mgm, caesars entertainment to start charging for parking

thekeyman · Nov 30, 2016

[FONT=&quot]Thomas Moore (contact)[/FONT]
[FONT=&quot]Published Tuesday, Nov. 29, 2016 | 8:10 p.m.[/FONT]
[FONT=&quot]Updated Tuesday, Nov. 29, 2016 | 8:45 p.m.[/FONT]
Caesars Entertainment Corp. announced Tuesday that it will launch a paid valet and self-parking initiative at eight of its nine Las Vegas properties beginning in December and throughout the beginning of 2017, joining MGM Resorts International’s paid parking policy being instituted this year.
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The Rio will not be included in this program, and implementation dates will vary by location, according to a Caesars Entertainment news release.
"Our priority is to ensure that our hotel guests, local residents and Total Rewards loyalty members have an improved parking experience," said Bob Morse, president of hospitality at Caesars Entertainment, in the news release. "Guests who stay, game and shop at our resorts have said that parking spaces and valet services have become increasingly scarce, so we believe that implementing a paid parking program while also investing in LED parking guidance systems will help address these issues."
Local residents with proper identification and Total Rewards loyalty members rated Platinum and above will continue to self-park for free. Complimentary valet will also be available for all Total Rewards loyalty members rated Platinum and above.
“We've been getting increasing feedback from our highest-paying customers that they couldn’t park with us anymore,” said Richard Broome, executive vice president, public affairs and communications for Caesars Entertainment. "So it’s become a big customer-service issue for us. If you can’t fit your highest-spending customers in your parking areas, it’s an issue.”
Caesars Palace, Harrah's, Flamingo, Bally's and Paris will receive new parking guidance systems which will help guests identify unoccupied self-parking spaces.
The paid parking program will begin its phased-in approach in late December when the valet services at the Linq and Harrah's properties will begin to charge. Self-parking at those two properties will remain free for the time being, until self-parking equipment is installed, company officials said.
“We have to find a way to take care of our customers. How we are doing that is providing the parking for these customers where now there is none,” Broome said. “We will be adding the LED parking guidance systems, and we will be using some of the revenue for that to improve the parking experience. So this is a way to improve the experience.”
The rest of the Caesars Entertainment Las Vegas properties, excluding the Rio, will implement a paid valet and self-parking program throughout the beginning of 2017.
“There’s a much bigger parking area at the Rio and a lot of extra exits and entrances,” Broome said. “So we don’t have the issues at the Rio that we have on the Strip. Also, creating a workable parking program there would not be feasible. It’s simply a huge parking area with ample places to park."
MGM Resorts International properties began rolling out parking fees in June. MGM’s per-day fees range from $8 to $10 for self-parking and $13 to $18 for valet parking. Nevadans who scan their driver’s license at the gate get free-self parking for up to 24 hours through Dec. 29.
Broome said the company was concerned about those who park in Caesars' properties but then walk to other resorts."Our parking people see evidence of people coming in the parking garages and just leaving the building. We have more than just anecdotal evidence that this is going on," Broome said.
According to Caesars Entertainment’s website, valet parking fees at Bally’s, Caesars Palace, The Cromwell, Paris and Planet Hollywood will be $13, for up to four hours; $18, four to 24 hours; and $18 for each additional day or a fraction thereof. Valet fees at Flamingo, Harrah’s and The Linq: $8, up to four hours; $13, four to 24 hours; and $13 for each additional day or a fraction thereof.

mango · Nov 30, 2016

Ridiculous. It's the "resort fee" for parking spaces.

I've been boycotting MGM and will now do the same for Caesars' properties. But unless everyone does, it'll become another standard fee to fleece the public.

thekeyman · Dec 1, 2016

[FONT=&quot]Thomas Moore (contact)[/FONT]
[FONT=&quot]Thursday, Dec. 1, 2016 | 2 a.m.[/FONT]
[FONT=&quot][h=4]Related Coverage[/h]

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The decline of free parking in Las Vegas — one of the Strip’s few hallowed traditions — continues.
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In the last two days, two major Strip resort companies announced they will join MGM Resorts International and charge for parking. Even resorts that insist they have no plans to charge fees are leaving the possibility open.
The dam burst in June, when MGM announced it would begin charging for valet parking at all of its properties on the Strip and for self-parking at all properties except Circus Circus.
On Tuesday, Caesars Entertainment announced that a similar program will be phased in starting this month, at all of its Las Vegas properties except for the Rio.
Caesars' move was no surprise to one Las Vegas insider.
“It was just a matter of time,” said Anthony Curtis, a longtime Las Vegas observer who runs the lasvegasadvisor.com blog. “I was like 'Yep. Here we go.’ Everybody knew it was going to happen. There was no doubt. From the time MGM announced it you knew Caesars was next.”
Then on Wednesday, Wynn Resorts announced it would start charging for valet parking — not self-parking in the garage — at the Wynn Las Vegas and Encore beginning mid-December.
And while it seems to be a trend, some resorts won’t come down one way or the other on whether they might make their customers pay extra for using a car to travel to their properties.
The Cosmopolitan, for example, would only say it is evaluating its business needs and the landscape in regards to paid parking.
Others said no to parking fees but didn’t expressly rule them out. A spokesperson for the SLS, located at Sahara Avenue and the Strip, said the SLS Las Vegas has no plans to charge for parking "at this time."
Others were slightly less equivocal. “The Las Vegas Sands has no plans to charge for parking at our Las Vegas properties,” said Ron Reese, ‎vice president of communications at Las Vegas Sands Corp.
Michael Storm, general manager of Hooters Casino on Tropicana Avenue across the street from the MGM Grand, said he and his team had thought about charging parking fees but decided against it.
“We did (evaluate it) maybe about six to eight months ago,” Storm said. “We explored it and we thought about it and you know we realized that it’s a competitive advantage not to do it.
“Part of our charm is we’re not like the big megaresorts and we appeal to a more locals kind of crowd. And we want to do things to cater to them. So yeah, we took it off the table.”
Randi Kolesar, vice president of marketing at Tropicana, said the property has no plans to implement parking fees, either for valet or self-park.
Since the move to fee-based parking is so new, it’s difficult to gauge what effect it’s having. In some cases, it could be pushing customers to park at one casino before walking to another.
Storm suspects some people may be using his garage to avoid MGM’s fees, but said many non-Hooters customers were going there when parking at the MGM was free.
“People have been doing that anyway,” he said. “And for us, I’m actually fine with that. Park here, go across the street and see David Copperfield and then come back here and have some wings and then go home.”
Yvette Monet, corporate communications manager for MGM, said the fees haven’t reduced the number of people parking at MGM properties. “Our customers have really taken this in stride,” she said.
Still, the reason Caesars gave for introducing fees was to discourage non-Caesars customers from using the company’s garages, suggesting that MGM’s parking fees had a cascading effect.
“It just makes sense that requiring some modest payment to park will be a disincentive for people who are just looking for a place to park and then are cruising the Strip,” said Richard Broome, executive vice president, public affairs and communications for Caesars Entertainment.
And while he was initially cynical about Broome’s reasoning, Curtis now says he thinks it makes sense.
“I’ll be honest,” Curtis said. “I read that and that was my first reaction. ‘Here we go with these excuses and smokescreens. But the garages are getting very, very crowded, especially on weekends. I was in Flamingo on Saturday and could not find a parking spot.”
The effects of fees may even reach beyond casinos and into retail spaces on the Strip.
Brian Sorrentino of ROI Commercial Real Estate is an observer of retail on the Las Vegas Strip. He said there’s no doubt the shopping centers on the Strip will be affected by parking fees.
“The short answer is yes, at any specific property that has shopping and where people are going to be charged for parking and you can’t get validated if you’re a local, it will have an effect,” Sorrentino said. “It’s going to turn away someone unless those spaces have a tenant the customer is specifically going to visit.
“It gives an advantage to the Fashion Show mall," he said. “It’s a significant competitive advantage.”
Sorrentino said parking fees probably won’t affect business for smaller retail spaces inside casinos. But for the larger retail spaces, like the Miracle Mile, Crystals or the Forum Shops, they could spell trouble.
“I don’t think it will do anything to discourage people once their on-site,” he said. “Once you are on property you’re going to buy what you came for. But it could turn people away from other places.”
Sorrentino said Las Vegas locals are surprisingly important for retailers on the Strip.
“For the Fashion Show it’s a fairly significant number,” he said. “It’s like half of their business. For Town Square it’s 60 percent. I don’t know what the mix is for the Forum Shops. I think it’s more tourist driven. But even if it’s a 70-30 split that’s huge.”
Sorrentino said he expects that at some point, the casinos will have to figure out a way to deal with the issue.
“With the kind of rents those properties are getting, I think they’re going to have to figure something out,” he said. “It’s going to have an effect. How much and how soon everybody deals with it remains to be seen.”
“The retailers will start screaming and then the operators of the mall will start screaming and then they will have to figure something out. My guess is it would be some kind of validation for locals.”
However, validation for locals won’t be needed for a while. In June, when MGM announced its parking policy, it said locals would not be charged for parking until Dec. 29. On Wednesday, Monet said that deadline is still in effect.
Caesars’ announcement said locals can self-park for free with no mention of a time limit. And Wynn Resorts said everyone, locals and tourists alike, can self-park for free at the Encore and Wynn Las Vegas. Only valet customers will have to pay. :finger:

wizardofodd · Dec 1, 2016

in the 50 times I've been to Vegas, I've rented a car once, well, my dad did, and I was 8 years old.

Since then, I've never rented a car there.

But yea, I fukn hate their resort fee BS! Just charge me more for the room, it will make me feel better!

Pulledclear · Dec 1, 2016

Las Vegas shoots itself in the foot once again. Steve Wynn is making 9 dollars in Macau for every 1 he makes in Vegas, FACT his own words. Why he hasnt sold those buildings to one of the big sucker corporations is beyond me. As things start to "loosen up" around the country Las Vegas could easily turn into a giant Atlantic City like dump in the middle of the desert. Most of the city is a sht hole. Not as bad as AC but closing fast. Dont think it cant happen.

bigwang · Dec 1, 2016

I didn't agree with but understood MGM's logic for their parking fees. T-mobile arena will fill up their garages several days a week but many of those people will not set foot inside their properties. Caesars is just riding the wave of pure greed. They have no arena or any other attraction. The Linq is a ferris wheel and some cheap restaurants.

Granted a majority of people will never have to pay for parking because of their loyalty card but it is still a kick in the nuts for everyday consumer. MGM also laid off all of their valet people and sold the concession for parking to an outside company. Caesars will follow suit likely putting long time employees out of work for the holidays.

Macau is where Adelson and Wynn launder their $.

aclv1 · Dec 1, 2016

Pulledclear said:
Las Vegas shoots itself in the foot once again. Steve Wynn is making 9 dollars in Macau for every 1 he makes in Vegas, FACT his own words. Why he hasnt sold those buildings to one of the big sucker corporations is beyond me. As things start to "loosen up" around the country Las Vegas could easily turn into a giant Atlantic City like dump in the middle of the desert. Most of the city is a sht hole. Not as bad as AC but closing fast. Dont think it cant happen.

vegas will fall hard....not trying to be funny

Mr.Smith · Dec 2, 2016

I don't think this will stick longer term

mango · Dec 2, 2016

Pulledclear said:
Las Vegas shoots itself in the foot once again. Steve Wynn is making 9 dollars in Macau for every 1 he makes in Vegas, FACT his own words. Why he hasnt sold those buildings to one of the big sucker corporations is beyond me. As things start to "loosen up" around the country Las Vegas could easily turn into a giant Atlantic City like dump in the middle of the desert. Most of the city is a sht hole. Not as bad as AC but closing fast. Dont think it cant happen.

Not gonna happen. Last time Vegas was anything like AC was right after 9/11 (I was there and it was a virtual ghost town). Since then they've been jam packed every single time I've gone (hundreds of times). Casinos opening in CA was suppose to hurt Vegas but has had no effect whatsoever. They can pretty much do anything they want because they know we'll keep coming. Personally, I wouldn't bothering going if sports-betting was legalized everywhere but that ain't happening anytime soon.

thekeyman · Dec 2, 2016

mango said:
Not gonna happen. Last time Vegas was anything like AC was right after 9/11 (I was there and it was a virtual ghost town). Since then they've been jam packed every single time I've gone (hundreds of times). Casinos opening in CA was suppose to hurt Vegas but has had no effect whatsoever. They can pretty much do anything they want because they know we'll keep coming. Personally, I wouldn't bothering going if sports-betting was legalized everywhere but that ain't happening anytime soon.

i agree with this totally and i was there when 9/11 happened and it was for sure a ghost town.It rebounded fairly quick and instead of taking care of the gamblers they cater to these clubs.At first there were only a few clubs,i think there were 2 in the Palms,the RIO had one,ceasars,and now they are everywhere and they know this younger crowd will just flock to Vegas and live it up no matter the cost.Even on the radio stations all over all you hear is them running these contests for 2 to Vegas for a music fest,or a certain band,or the awards for something and this also is ruining it for us who gamble.But if sports gambling was legal like you said i would not make as many trips out there either.But this parking issue,i will not pay for parking to go into a casino where i will probably lose more money unless to get lucky,cause lets face it,not many of us win in these places.

Slurve~Ball · Dec 2, 2016

Pulledclear said:
Las Vegas shoots itself in the foot once again. Steve Wynn is making 9 dollars in Macau for every 1 he makes in Vegas, FACT his own words. Why he hasnt sold those buildings to one of the big sucker corporations is beyond me. As things start to "loosen up" around the country Las Vegas could easily turn into a giant Atlantic City like dump in the middle of the desert. Most of the city is a sht hole. Not as bad as AC but closing fast. Dont think it cant happen.

They must be getting desperate if they are trying to woo pro sports teams. They must see the writing on the wall and need to expand their options to lure people.

Pulledclear · Dec 2, 2016

Clark county is a sht hole. Las Vegas has grown way to big. They have reached a stall point. You can tell by all of the unoccupied buildings and stalled construction projects. That city has become unmanageable on so many levels due to its hyper growth in the 90's and early 2000's. Everything Harrahs and Caesars touchs turns to sht. MGM not as bad but still nickles and dimes its consumers to death. It would not surprise me at all if they start charging for drinks soon. It really is a shame what Las Vegas has become compared to 30 years ago.

Like mgm, caesars entertainment to start charging for parking

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