Is it possible that a major motion picture released as recently as 1995 depicting the transformation of a major American city is already woefully outdated? In the closing moments of Martin Scorsese’s Casino, we see the implosion of iconic landmarks of old Las Vegas and the debris swept aside to make way for the mega properties of the future. Goodbye Sands and the Rat Pack, hello Mirage and Siegfried & Roy. Yet by Las Vegas standards, those sparkling hotels of the early 1990s are already beginning to fossilize and feel somewhat passé. They have been eclipsed by a galaxy of chic newer properties such as Bellagio, Venetian, Wynn, Palazzo, and the ultramodern Aria and Cosmopolitan. Vegas construction is like Jennifer Love Hewitt’s dating life — a perpetual cycle of buildup, demolition, and more buildup.
I get it — Vegas is not for everyone. But for millions more, Vegas has us under some sort of hypnotic spell. Sure, the local economy has staggered in recent years, with record home foreclosures and unemployment, but Vegas tourism may finally be bouncing back. According to the Center for Business and Economic Research at the University of Nevada-Las Vegas, the city’s occupancy rate in pre-recession 2007 was 90 percent, with an average hotel room costing $132. In 2010, the occupancy rate was down to 80 percent, and the average room cost plummeted to $95 — a 28 percent decrease. Combined with 16,000 newly constructed hotel rooms since 2007, these lower occupancy rates and lower room costs, and the ensuing discounts and deals, brought more than 37 million visitors to Las Vegas in 2010, a notable increase from the 2009 level.
For those who have never experienced Las Vegas revelry, or haven’t returned in years, any existing preconceptions or prejudices may be amiss as “Sin City” continues to evolve and reinvent itself. Sure, there are constants. Gaming will always be the paramount draw, and the, uh, “personal entertainment industry” continues to thrive in southern Nevada, albeit technically illegal in Las Vegas and surrounding Clark County. For those seeking an affordable feast, there are myriad billboards directing you to the all-you-can-eat buffets and $5.99 prime rib.
But Las Vegas Boulevard, also known as the Strip, is now bracketed by some of the most lavish and fashionable resorts in the country. What a difference 20 years can make. Just across the street from the Mirage — built for a then-gaudy $630 million in 1990 — stands the Venetian, built a decade later for $1.5 billion. And a few doors down stands Vegas’ latest creation, the towering and sleek new Cosmopolitan, with a price tag of nearly $4 billion. Step inside, and you can see just how much Vegas has revolutionized. Celebrity chefs and Michelin stars are ubiquitous throughout these resorts, and most of the be-feathered showgirls have exited stage left, replaced by Cirque du Soleil, Broadway-quality productions of Phantom of the Opera and Lion King, and megastars such as Celine Dion and Garth Brooks.
That doesn’t mean that Vegas is verboten to anyone without an American Express black card. There are endless hotel, restaurant and entertainment options to fit almost all budgets. Vegas hotels are like the Kardashian sisters — they keep popping up, they’re always trying to one-up each other, and no one is quite sure how many of them there are. Just find the resort that is right for you. For anyone looking to maximize their Vegas visit, here are some (hopefully) helpful suggestions.
Read it all..
