[Pretzelogik]

OGM say it's not true.

[logline]

Update from LVA:

"October 30, 2015 09:58 Paid Parking Not Ruled Out by MGM: Following on the back of LVA's Question of the Day from just a couple of days ago, in an interview Thursday MGM Mirage CEO Jim Murren said the company is keeping "everything on the table" and has "not ruled out" the concept of charging for self-parking at its Strip resorts when its new events arena debuts next year, and perhaps only when a major event is being hosted. Reports Vegas Inc. magazine, Murren admitted that that his company "did not have all the answers as to how it would address parking once the arena opens," but is confident that a plan will have been formulated by the end of this year, while expressing a lack of sympathy for those who "want everything free," given that the new venue is being built without use of taxpayer's dollars. "We're the ones spending the capital to build the amenities that are to the benefit of the tourists and the locals," he said. "

[NLVgal]

Originally Posted by logline

Update from LVA:

"October 30, 2015 09:58 Paid Parking Not Ruled Out by MGM: Following on the back of LVA's Question of the Day from just a couple of days ago, in an interview Thursday MGM Mirage CEO Jim Murren said the company is keeping "everything on the table" and has "not ruled out" the concept of charging for self-parking at its Strip resorts when its new events arena debuts next year, and perhaps only when a major event is being hosted. Reports Vegas Inc. magazine, Murren admitted that that his company "did not have all the answers as to how it would address parking once the arena opens," but is confident that a plan will have been formulated by the end of this year, while expressing a lack of sympathy for those who "want everything free," given that the new venue is being built without use of taxpayer's dollars. "We're the ones spending the capital to build the amenities that are to the benefit of the tourists and the locals," he said. "

Did Jim Murren really whine out loud about MGM having to pay for their own arena without taxpayer money? Really??

[ElleTea]

Originally Posted by logline

Update from LVA:

"October 30, 2015 09:58 Paid Parking Not Ruled Out by MGM: Following on the back of LVA's Question of the Day from just a couple of days ago, in an interview Thursday MGM Mirage CEO Jim Murren said the company is keeping "everything on the table" and has "not ruled out" the concept of charging for self-parking at its Strip resorts when its new events arena debuts next year, and perhaps only when a major event is being hosted. Reports Vegas Inc. magazine, Murren admitted that that his company "did not have all the answers as to how it would address parking once the arena opens," but is confident that a plan will have been formulated by the end of this year, while expressing a lack of sympathy for those who "want everything free," given that the new venue is being built without use of taxpayer's dollars. "We're the ones spending the capital to build the amenities that are to the benefit of the tourists and the locals," he said. "

The bolded above was my thought all along. I don't think that is an unreasonable idea. Charge parking for events at the arena instead of charging everyone to park every other day just because they failed to plan for an arena specific parking garage.

Cities do it all the time. Free lots become pay lots when a concert or sporting event is going on. That is part of going to one of those events. But to charge everyone all the time is just a money grab.

[stevek64]

Wow, are they hurting for revenue that badly to consider such a charge, regardless if it's for big events or all the time?

Maybe they'll just say we decided against it but the resort fee is now $39. Ha!

Pathetic.

I know I wouldn't pay it and would simply take my $ to the other quadbillion casinos in NV or other states. Though perhaps most others will just eat it and accept it like most accept the resort fee.

Originally Posted by logline

Update from LVA:

"October 30, 2015 09:58 Paid Parking Not Ruled Out by MGM: Following on the back of LVA's Question of the Day from just a couple of days ago, in an interview Thursday MGM Mirage CEO Jim Murren said the company is keeping "everything on the table" and has "not ruled out" the concept of charging for self-parking at its Strip resorts when its new events arena debuts next year, and perhaps only when a major event is being hosted. Reports Vegas Inc. magazine, Murren admitted that that his company "did not have all the answers as to how it would address parking once the arena opens," but is confident that a plan will have been formulated by the end of this year, while expressing a lack of sympathy for those who "want everything free," given that the new venue is being built without use of taxpayer's dollars. "We're the ones spending the capital to build the amenities that are to the benefit of the tourists and the locals," he said. "

How about building a parking garage specifically for the arena like other private enterprise does? The logic of tying in all MGM resorts to charge a parking fee for the arena to help pay for it doesn't compute.

[BBMW]

The resort fee is a little different. When I'm booking a room, I know about the resort fee, so I just integrate it into the calculation to pick the hotel I want to stay at (based on total price.) It's really just a scam to hide the total price on the comparison sites.

The parking fee impacts whether you stay there or not. One of the nice things about the strip is that parking is so easy. Just pick the area you want to go, and just drop the car at one of the casinos in the area. Whant to move? Get into the car, go to another stretch of the strip, and do the same. Now if each change is going to cost something, that becomes part of the calculation, which is annoying.

Originally Posted by stevek64

Wow, are they hurting for revenue that badly to consider such a charge, regardless if it's for big events or all the time?

Maybe they'll just say we decided against it but the resort fee is now $39. Ha!

Pathetic.

I know I wouldn't pay it and would simply take my $ to the other quadbillion casinos in NV or other states. Though perhaps most others will just eat it and accept it like most accept the resort fee.

[stevek64]

Originally Posted by BBMW

The resort fee is a little different. When I'm booking a room, I know about the resort fee, so I just integrate it into the calculation to pick the hotel I want to stay at (based on total price.) It's really just a scam to hide the total price on the comparison sites.

The parking fee impacts whether you stay there or not. One of the nice things about the strip is that parking is so easy. Just pick the area you want to go, and just drop the car at one of the casinos in the area. Whant to move? Get into the car, go to another stretch of the strip, and do the same. Now if each change is going to cost something, that becomes part of the calculation, which is annoying.

Yep, understand the resort fee angle.

I look at the resort fee and potentially the parking fee, for guests, non-quests, etc, regardless, as annoying. All are part of my "calculation" and it calculates me elsewhere in the end. Way too much nickel and dimeing for my tastes. More principal than anything. Plus we enjoy just as much hanging out at FSE and watching the bands.

[BBMW]

The nickels and dimes add up, on both sides of the equation. And, IIRC, MGM is still losing money.

[stevek64]

Originally Posted by BBMW

The nickels and dimes add up, on both sides of the equation. And, IIRC, MGM is still losing money.

That's for sure.

Once the gambling revenue model started its decline years ago, I don't think anyone has figured out how to make up for that. Clubs, shopping, and food/beverage revenue and resort fees will only get one so far in the gaming biz.

[BBMW]

Actually, thus is wrong. Once they started deprecating gaming, and demanding that all the departments make money, they were wildly successful. They were so successful that they borrowed vast amounts of money to greatly expand. Then the economy collapsed.

Originally Posted by stevek64

Once the gambling revenue model started its decline years ago, I don't think anyone has figured out how to make up for that. Clubs, shopping, and food/beverage revenue and resort fees will only get one so far in the gaming biz.