….and is it any wonder?

For the first time since it’s inception, Las Vegas is reeling financially. Hotels and Casinos across town are dealing with record lows for occupancy and less spending from the visitors that do come to town.

Most pundits are blaming the slowing Vegas economy on raising fuel costs, which is utterly ridiculous. I have no doubt that the extra $100 or so that the average person has to spend per month on fuel is negatively affecting the economy but… the Las Vegas slow down started years before.

There was a time, not that long ago, when a quick trip to the desert was a nice weekend jaunt. You could stay in a nice hotel and have a decent meal without breaking the bank account. About a decade ago things began to change in Sin City, the dollar buffets were being closed around town. The more reasonably priced casinos were being imploded to make room for the billion dollar next generation. Cafes were replacing coffee shops and designer retailers were taking over the town.

In short, Las Vegas was no longer targeting the average working guy (or gal); they were trying to bring in the big money. And it seemed to work, until now. Now the town that averaged hotel occupancy in the 90 percent range is suffering through a long weekend that is hovering around the 80’s. Now casinos, hotels and even strip joints are filing for bankruptcy. And I am here to tell you it is about time!!!

Las Vegas needs to go back to it’s bread and butter. The working people! Get rid of the $15 BURGER and the $500 dinner and bring back what worked for all those years, before they got greedy. And I expect it is about to happen.

Well that’s it for this rant, I am heading back to Sin City on Wednesday, and it will be interesting to see what room prices are listed at.

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