Leaving Las Vegas

I would think that the 2 night stays are the weekenders from close destinations such as LA. I've never gone to Veas for less than 3 nights, and even that's too short.

Certainly Vegas has never faced more competition than it does today. That said, Vegas is not even close to being dead. Certainly, the mega projects have stopped, and I am not sure what is going to happen to CityCenter. I think that it has survived its worst assault in a long time and everything is still standing. The big companies have adapted by flying the whales to Vegas in a win/win situation where the taxes are much lesser than their Asian counterparts. Room rates have been lowered to accomodate and while some casinos are hurting, nothing has shut down. When the conferences come back to town, Vegas will have the hotel rooms to accomodate everything.

Now, housing has taken an absolute beating and I don't think it will ever comeback to the 2007 levels for a variety of reasons.