Kinda like a "W"only upside down?

Got this in my weekly email from travelzoo.com(love them)
http://hotels.travelzoo.com/las-vega...um=email_top20
Am I right in thinking this is what they have been building on the old Vacation Village(gosh-does anyone remember that place

)site?
I think it might be a little optomistic for them to set mid week winter rates at over $120(including a $25 per night"resort"fee)but let them find that out on their own