Las Vegas still a deal?

There has been a lot of talk these days whether Las Vegas and more specifically whether gambling is recession proof.

With gambling revenues and hotel occupancy down and in some cases drastically so, Las Vegas is definitely starting to feel the economic sting. A lot of pundits may say that Las Vegas is slowing because the economy as a whole has slowed.

But, if that is the case then why is Disneyland doing so well?

The answer is so simple it is mind boggling as to why the CEO’s in charge of these billion dollar corporations can’t see it. Las Vegas has become EXPENSIVE; in fact it has become ridiculously expensive.

While Las Vegas has been busy up scaling it’s restaurants and hotels, Disney has been doing the exact opposite. This is the reason why Walt Disney Co.’s theme parks and resorts have enjoyed surprising success. They reported second-quarter earnings up by 22 percent from a year ago, to $1.13 billion, or 58 cents a share. Analysts had been expecting 51 cents a share.

So, what can we expect to see from Sin City in the coming months? Well, I hope we see a total revision of their business, but the reality is they probably will just spend more on marketing. Although I do expect to start seeing some VERY good deals for hotel rates in the near future, I would be happier  if they would start downscaling and making Las Vegas once again a place where you can get a burger if you like for $5.

I guess only time will tell. But, in the mean time keep your eyes open for some good deals. Here is one for my readers to enjoy.

SAVE $50 This Memorial Day Weekend on Las Vegas Last Minute Packages!