Word: conventioneers
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The sexification has helped put Vegas on pace for a record year in visitors, after having 35.5 million last year. In the second quarter, revenue per available room in top hotels along the Strip rose to $190 a day, according to Joseph Greff of Fulcrum Global Partners. Room rates are...
"We're going through the reverse of what so many cities have suffered through, this flight out of the city," says Jim Murren, the president and CFO of MGM Mirage and a longtime Vegas resident. The city last week unveiled its own public transportation system, a $650 million, privately funded...
In a city chock full of big-time gamblers, Sheldon Adelson, 70, stands out for his bold bets. "Either I'm the stupidest guy around or the biggest crapshooter in town," he said before opening his $1.5 billion Venetian mega-resort in 1999, complete with canals, gondola rides and its...
He has been a frequent thorn in George W. Bush's side, and was wooed by Democrat John Kerry as a potential running mate. Now John McCain will get prime exposure at the Republican Convention, and some G.O.P. strategists even wish for the impossible: dumping Dick Cheney as Bush's...
RON REAGAN IS SPEAKING AT THE DEMOCRATIC CONVENTION. ARE YOU JEALOUS? Since I'm in both candidates' commercials, I was hoping I could speak at both conventions. [Laughs.]