Eazzy
Eazzy
Joined: Jul 28, 2013
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October 25th, 2014 at 12:00:17 PM permalink
Really....I know AC is in fluctuation...and the CET casinos don't know whats happening...casinos are clothing....but really...

I'm a diamond player (ok I did it at poker and we all know having $15000 raked off your pots is much less then $15000 lost at the slots by casino math) ...but still really $60 is the cheapest room they can give me in midweek November and December...I usually stay 10 nights a month...



And worst when the rates were under $30 they limited to 5 reservations on the computer....so I could not get the rates...(well I did nail down 2 days at $18 the second week of November before they shot all the rates up)

Well last month they weighted till the last week in September to offer me comped rooms in October...so I'm still hope full...

I suppose I can take a 3 hour commute...play poker for 4 hours and hope a room is available to be comped through the poker room, if not the last bus out for me is 7:30 ...it kind of takes the fun out of playing poker...

overall it seems a bad way to treat a regular player.....
sodawater
sodawater
Joined: May 14, 2012
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October 25th, 2014 at 12:15:54 PM permalink
That's what happens when 4 casinos close in a year. everyone loses except the remaining casinos.
AxelWolf
AxelWolf
Joined: Oct 10, 2012
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October 25th, 2014 at 12:24:17 PM permalink
Quote: Eazzy

Really....I know AC is in fluctuation...and the CET casinos don't know whats happening...casinos are clothing....but really...

I'm a diamond player (ok I did it at poker and we all know having $15000 raked off your pots is much less then $15000 lost at the slots by casino math) ...but still really $60 is the cheapest room they can give me in midweek November and December...I usually stay 10 nights a month...



And worst when the rates were under $30 they limited to 5 reservations on the computer....so I could not get the rates...(well I did nail down 2 days at $18 the second week of November before they shot all the rates up)

Well last month they weighted till the last week in September to offer me comped rooms in October...so I'm still hope full...

I suppose I can take a 3 hour commute...play poker for 4 hours and hope a room is available to be comped through the poker room, if not the last bus out for me is 7:30 ...it kind of takes the fun out of playing poker...

overall it seems a bad way to treat a regular player.....

Say hi to Lem66 for us. No doubt you will run into him.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
DJTeddyBear
DJTeddyBear
Joined: Nov 2, 2009
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October 25th, 2014 at 4:39:27 PM permalink
Quote: sodawater

That's what happens when 4 casinos close in a year. everyone loses except the remaining casinos.


Conventional wisdom says that there is now a smaller supply of room inventory, so prices should go up.

The problem with that is, supply still exceeds demand. So why don't the prices go down?
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ 覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧 Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
Mission146
Mission146
Joined: May 15, 2012
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October 25th, 2014 at 5:06:39 PM permalink
Quote: DJTeddyBear

Conventional wisdom says that there is now a smaller supply of room inventory, so prices should go up.

The problem with that is, supply still exceeds demand. So why don't the prices go down?



The question is really, "To what extent does supply exceed demand?" I can't really speak for casino hotels (because I've never worked for one) due to the fact that there are other factors such as gambling and potential revenue for food outlets, but in terms of a pure hotel, if you're at 100% occupancy, your rates probably could have been higher as well as gross room revenue.

There's also a question of, even in an area with limited demand: How many extra rooms do you anticipate filling if you drop the price by x? In this thread, the rate in question is $60, so they might project how many rooms they'd sell at a $40 rate and determine that it's not worth it to drop the rate to $40. I don't know how many rooms the hotel in question has, but at a theoretical hotel of 100 rooms, I'm better to sell 60 rooms at $60/night ADR ($3600 gross revenue) than I am to sell 80 rooms at $40/night ADR ($3200 gross revenue).

Finally, and again, I don't really know anything about casino hotel operations, but assuming they want to get x amount of money per guest (room rate + ADT on games) they might find that guests who are unwilling to pay the $60 generally don't have much of an ADT, either, so they're better off getting the extra room revenue from those who do pay the $60.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
sodawater
sodawater
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October 25th, 2014 at 5:06:59 PM permalink
I guess because demand has gone up compared to what is used to be. So they raise the prices.
sodawater
sodawater
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October 25th, 2014 at 5:08:21 PM permalink
Quote: Mission146


Finally, and again, I don't really know anything about casino hotel operations, but assuming they want to get x amount of money per guest (room rate + ADT on games) they might find that guests who are unwilling to pay the $60 generally don't have much of an ADT, either, so they're better off getting the extra room revenue from those who do pay the $60.



Mission, your admitted casino operations ignorance really shows here. I know gamblers who would have no problem dropping $10,000 in a session but would sooner sleep in their cars than pay $60 for a hotel room in a casino. It's a matter of principle.
Mission146
Mission146
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October 25th, 2014 at 5:12:34 PM permalink
Quote: sodawater

Mission, your admitted casino operations ignorance really shows here. I know gamblers who would have no problem dropping $10,000 in a session but would sooner sleep in their cars than pay $60 for a hotel room in a casino. It's a matter of principle.



I would presume they'd get the room comped for that sort of action, though, regardless of the booked rate. Would the guest not presume the same?
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
sc15
sc15
Joined: Sep 28, 2014
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October 25th, 2014 at 5:59:41 PM permalink
Quote: sodawater

Mission, your admitted casino operations ignorance really shows here. I know gamblers who would have no problem dropping $10,000 in a session but would sooner sleep in their cars than pay $60 for a hotel room in a casino. It's a matter of principle.



Dropping 10K (to tables/slots) will get you a free room at any casino.

Dropping 10K on poker, and in the process paying $50 in rake is not the same thing.

OP is a poker player who sounds like he doesn't play tables/slots. So the casino isn't really interested in giving him a comped room.
sodawater
sodawater
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October 25th, 2014 at 6:06:13 PM permalink
Quote: Mission146

I would presume they'd get the room comped for that sort of action, though, regardless of the booked rate. Would the guest not presume the same?



The point is they would never book it and pay $60 at time of booking. It would be insulting.

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