Remember how Vegas resorts went to a parking garage fee?
Yeah, well of course the resorts say the fees haven’t changed habits. People are still rolling in and paying up. From the LVRJ:
Caesars Entertainment Corp. CEO Mark Frissora dismissed the notion Thursday that parking fees are keeping visitors away from the Strip.
During a Bank of America investor conference dedicated to the gaming and lodging industries in New York City, Frissora said the company looked into whether parking fees were “over the top” and offered free parking for 30 days at The LINQ Hotel to test customer reaction.
“There was absolutely zero change. There is no impact. We just lost money, so we stopped the test,” he said. Frissora said customer surveys during and after the trial did not show “anything.”
There’s supposedly been a slight drop in Vegas visitor traffic and investors think it’s because of parking fees. Mark had to get on the phone and calm the fears. Trust me here, the parking fees aren’t going anywhere. Same with the resort fee and any other fee these places can drop on you while you’re in town. Fees, fees, fees.