My wife and I have visited Vegas more than 30 times, staying mostly at the Flamingo (which is getting a bit tired). We decided on our last trip that we would stay at Planet Hollywood the next time. We are planning to take our niece there in May for her 21st birthday. Right now the rates are running about $200 a night. I am thinking the opening of the City Centre across the street in December has got to affect the rates at Planet Hollywood. Any thoughts?|||Room rates are gauged on a weekly basis, and it is almost impossible to say anything with certainty. For the last 20 years each new casino has expanded the market in Las Vegas, attracting more and more visitors by car or plane. Now the planes have been cut, and only Southwest and the tiny Allegiant Air have hubs at Las Vegas (USAirways is reducing flights so that Las Vegas just connects with hub cities). Visitors dropped from 39 million a year to 35 million. ============= The multi-billion dollar question on everyone's mind is will City Center cannibalize on the other casinos. When the Encore opened up a year ago the combined Wynn Encore made less money on both casinos than just the Wynn casino, and the rest of the resort only made about 10% more. So if the visitors don't increase you will be correct. ----------------- The PH has kept there room rates higher than almost any other resort. They are now teetering on bankruptcy. May I suggest Treasure Island as your upgrade. A petite suite at Treasure Island is about $139 midweek.|||Planet Hollywood knows just as well as you and I do when CityCenter opens, how big it is, and how much their rooms cost. They are not going to be taken by surprise and suddenly panic and change their rates for the next 6 months on the day it opens - they have known for years that this was coming and have taken it into consideration already. The only thing they don't know yet is how successful CityCenter will be. If it's very successful and rates at CityCenter are high, Planet Hollywood may actually RAISE their rates because of their great "location" across the street from CityCenter. If CityCenter is not successful, they will charge lower rates, which may in turn push down rates at Planet Hollywood.|||When new larger and more elegant properties open they force the others to take a grade down in status. I remember when Excalibur was one of the most expensive properties on the strip and now it is one of the lowest priced. The law of supply and demand works very well here. By adding all those rooms at City Centre will take visitors away from other properties and force them to reduce prices to draw customers back to them. A new property will not bring new unique first time visitors, it will draw on clientel from other hotels. Prices will drop after the opening and they feel the pinch. Add to the fact that it looks like Harrah's Corp may soon be taking it over.|||At $200 /night, I will ask for my money back. Rooms at Aria and Vdara are currently going for $159 & $149 a night. Planet Hollywood will have to give their rooms away after December to get anyone in there. http://www.lasvegas-how-to.com/las-vegas鈥?/a>|||$200 a night?? Thats waaaaay expensive, if you been to vegas 30 times you surely should be getting free rooms at Flamingo..|||There is concern it will|||NO!!!!

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