The CES Effect at the Bellagio

One of the best budget tips for Las Vegas is the fact that Hotel rates vary about as *dramatically* as you will find anywhere in the world, especially around holidays, special events, and weekends.

For example take a look at these special Bellagio rates - which themselves are far lower than the "rack rate" would be as these are internet specials for the first week of January 2011.

Jan 2 $90	3 $90	4 $90	5 $199	6 $329	7 $329	8 $219
9 $119

First, it's amazing to note the difference in price during the CES Consumer Electronics Show, "CES 2011". This is the biggest and most important consumer electronics show in the world, and it fills the Vegas Strip for much of the week. It does NOT fill the downtown hotels so if you are traveling on your own dime, consider that option to save a few *hundred* dollars per night.

Second, you are absolutely right to gasp at the $90 and say "Honey, we're goin' to Vegas!". The Bellagio, along with several other premier properties like the Venetian, the Aria Resort, Vdara, the new Cosmopolitan, the Wynn, MGM, and more are slashing rates like crazy as the economy continues to hit everybody hard with less frequent trips, smaller conventions, etc. NOW is the best time in years to visit as the specials and rates are fantastic as long as you check to make sure you are going on the "off days" when the rates are low.

Note that the "second tier" hotels are also very cheap, offering beautifully appointed rooms and suites for under $50. Show ticket specials abound and food is always reasonable at many venues - though the best restaurants will easily set you back a few hundred for two so they are not for the budget traveler.

In general, as long as you stay away from the gaming tables and fine wine, your Las Vegas vacation will be a great deal.

The Cosmopolitan of Las Vegas opens December 15, 2010

The Cosmopolitan of Las Vegas (east view)
Originally uploaded by The Cosmopolitan of Las Vegas

Photo Credit: The Cosmopolitan of Las Vegas

The Cosmopolitan is Las Vegas' newest grand hotel. They've just signed to be marketed by the Marriot corporation but the Cosmopolitan will certainly be in a class by itself as one of Las Vegas' most exclusive new properties.

The Cosmopolitan will offer upscale, classy rooms with a very "chic" feel to the property. They'll offer gaming "cabanas" along with a beautiful new set of pools and desert motifs.

Located in the CityCenter Complex between the Bellagio and Aria Las Vegas.

Rooms:
http://www.cosmopolitanlasvegas.com/stay/rooms-and-suites.aspx
Restaurants: http://www.cosmopolitanlasvegas.com/taste/restaurant-collection.aspx

Vegas Bob on Gourmet Dining in Las Vegas

Vegas Bob over at Twitter has a nice article about gourmet dining in Las Vegas, his home town:

http://www.gooddealtrips.com/deals-on-gourmet-eats-in-vegas.html/

For example look at all the options in the MGM Grand alone!

• At the MGM Grand:
• Joel Robuchon at the MGM Grand, with a AAA 5-diamond rating, offers a two course $109 Summer Tasting menu.
• L’Atelier de Joel Robuchon Summer Tasting Menu for $95 per person. For those that wish to dine early L’Unique is served until 6:45 PM for $49.
• Tom Colicchio’s Craftsteak offers its 3 course Summer Tasting Menu for $85 per person.
• Wolfgang Puck Bar and Grill offers its 3 course Summer Tasting Menu for $45 per person.
• Nob Hill Tavern by Michael Mina also has a 3 course Summer Tasting Menu for $45 per person.
• Fiamma Trattoria & Bar has a 3 course Summer Tasting Menu for $45 per person and a 4 course version for $60 per person.
• Seablue’s 3 course Summer Tasting Menu is $49 per person.
• Shibuya’s 4 course Summer Tasting Menu is $59 per person.
• Pearl offers a 3 course Summer Tasting Menu at $45 per person.
• Diego offers a 2 course Summer Tasting Menu and includes a cocktail at $34 per person.

BBC and Lonely Planet on Las Vegas

Check out the BBC's mini guide to Las Vegas HERE. Although it was originally written by Lonely Planet, we're going to hope that this gives you something of a UK vision of a Las Vegas Vacation, partly because the UK vision is not going to be that different from any other. Incredible huge hotels, world class attractions, Cirque Shows, casinos, swimming pools, amazing dining, and more.

But wait... the article actually seems very thin and it suggests several "out of the way" places which in my opinion are the last place you want to be in Las Vegas (unless you live there and are sick of all the big cool places to go).

So, based on their odd vision of vegas I am recommending you keep reading Las Vegas blog posts here at LasVegas1.net to get a better feel for the city, and plan your trip accordingly. A mid week low cost suite at a big hotel like the Bellagio, Venetian, Wynn, etc. with some great dining and some poolside relaxation and a Cirque du Soleil Show will give you a trip to remember, and with current specials and pricing it won't even make a major dent in your wallet as long as you can show great restraint at the gambling tables or slots.

In the meantime we

Venetian August Special - Suite, Two Phantom Tickets, Credits for $119 weekdays.

Visiting Las Vegas could hardly be more affordable than it is this summer as the economy continues to hammer away at profits and first rate Las Vegas venues continue to drop prices in an effort to lure customers to the casino. Venetian Special

The Venetian suites are fantastic (Palazzo's too but I have not stayed there), and Phantom of the Opera is a spectacular play filled with great music. You'd normally pay about $150 for two tickets to this show, so your room is basically "better than free" with this amazing deal.

Obviously your best bet in Vegas is "not betting", but no rollers and low rollers can have a great time in other venues which offer some of the world's best values in terms of vacation bang for the buck.

I just returned from a Travel and History family trip to Europe where we'd often spend $150 and more on nice but modest rooms in big cities like Paris. I could not help but think of the Venetian Suite my wife and I booked last year at $109 plus many credits, which was larger and far more spectacular than any we had in Europe. Of course Paris Las Vegas can't really match "real" Paris (except that it's much cleaner), but in terms of great hotels and amenities at small cost it is hard to beat Las Vegas during discounted times. NOTE - Las Vegas on the weekends / Holidays / and During the Computer Electronics Show CES 2011 or other major events can get VERY expensive, though you'll usually find bargains even in the high season as soon as you venture out from the major venues such as Venetian, Bellagio, Wynn and more along the Las Vegas Strip.

Las Vegas Travel Bargains Galore this Summer

We've noted before that the Las Vegas Economy is suffering mightily from the economic problems that continue to challenge the whole world. However as an entertainment consumer this means some amazing travel bargains for you in one of the world's most amazing cities.

Hotels are offering great to spectacular deals this summer all over the city. In the bargain category you'll find rooms at the budget/ quality hotels like Circus Circus and Palace Station for about $30 per night - often *including* a buffet or two! But why not splurge when the splurging is cheap? Top Las Vegas hotels are having regular deals with beautiful, luxurious suites in the $100 per night range. This often includes some casino play (and generally in my experience the higher end hotels are more "honest" with these credits. For example at the Venetian our slot credits amounted to approximately their face value, where at lesser places the "free play" is often on machines that rarely pay out). Generally you should subtract the actual value of credits and meals from your room cost to get the real value of your room or package deal - though the actual value can be different from the face value claimed by the hotel.

We recommend you start at Kayak.com to find some great prices. Also consider Hotwire.com, especially if you'd like a high-end place and are not picky about which one. However I've found Hotwire is not such a great bargain finder in the Las Vegas area where rates vary enormously from event to event and from day to day. If at all possible you want to hit Vegas mid-week when no major events are in the city. At that time you'll generally pay a *fraction* of the cost for your great room - discounts can be as much as 80% at many hotels where weekend rooms during big events can run $500 per night, down to $100 per night during slow times.

So if you want to live like a celebrity for a few days, consider a quick trip to Vegas this summer.

Las Vegas Economy 2010

The Las Vegas Economy - from gaming to housing to jobs - has suffered greatly since the economic meltdown that hit the USA and continues to slow progress around the globe.

Here, from University of Las Vegas' Center for Business Research, are several resources discussing the current conditions and prospect for Las Vegas as well as the entire state of Nevada:

http://cber.unlv.edu/snecon.html

Latest Nevada business conditions

Current Clark County economic data
Quarterly Indicators: Southern Nevada Business Confidence Index
Las Vegas Housing Market Conditions

Economic Outlook

Economic Overview of Metropolitan Las Vegas
CBER's Annual Economic Outlook
CBER's Midyear Economic Outlook