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Las Vegas - Compare Bellagio and Wynn suites?

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Old Aug 14, 2009 | 5:58 am
  #46  
 
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Originally Posted by luxury
Having stayed at Bellagio, Wynn, SkyLofts and the Four Seasons, my choice still remains the Four Seasons.
I agree. Having stayed at The Mirage, Bellagio, Wynn tower and FS, I like the fact that FS is a proper hotel rather than a hotel within a casino. I am looking forward to MO as this has the same concept.
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Old Aug 14, 2009 | 6:04 am
  #47  
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Originally Posted by vuittonsofstyle
I agree. Having stayed at The Mirage, Bellagio, Wynn tower and FS, I like the fact that FS is a proper hotel rather than a hotel within a casino. I am looking forward to MO as this has the same concept.
some thoughts....

Can Las Vegas support a non-gaming property of the caliber of Mandarin Oriental?
Will MGM really maintain a hands-off approach to operations, or will ultra high rollers become an important customer base causing Mandarin to morph into another luxury casino hotel (without the casino)?
My opinion, the MO in Vegas (in this market) is doomed without casino involvement.
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Old Aug 14, 2009 | 8:23 am
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Originally Posted by baccarat_king
some thoughts....
My opinion, the MO in Vegas (in this market) is doomed without casino involvement.
Just heard it will open 3rd December. FS has done well, why not MO?
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Old Aug 14, 2009 | 9:37 am
  #49  
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Originally Posted by vuittonsofstyle
..FS has done well, why not MO?
Agree. We came back from LV a few weeks ago, after stopping in Wynn, the thought of stopping in a 3000+ plus room again fills us with dread. The phrase "Fur Coat, No Knickers" is a phrase that comes to mind when thinking of the "luxury experience" that Wynn offers, well in its main wing. Yes, there's lots of marble and glitz but the service is nothing special.

We said, if we ever go back to LV, we'd rather pay extra to go somewhere a bot more intimate MO/FS sound much more up our street.
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Old Aug 14, 2009 | 11:26 am
  #50  
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Originally Posted by vuittonsofstyle
Just heard it will open 3rd December. FS has done well, why not MO?
My very unqualified opinion wonders how the MO will keep up its high standards @ rock-bottom prices (based on the current Vegas market pricing). Vegas isn't like Boston (the only city off the top of my head I could think of in the US where a new MO just opened). There is an 'extreme' amount of inventory; and while I don't argue for a moment that the MO will be better than the other luxury options; will they be able to maintain their price premium? Personally, I don't see there being enough folks (and, once again this is "Vegas-specific") who visit Vegas as a tourist (or on business) who would be willing to pay a big premium over (for example) a (similar size/bedroom) SkyLoft for a % better experience. Vegas, IMO, just doesn't attract the same level of tourist/business traveler as New York, Boston etc. (once again, IMO). This month's gaming conference reiterated that Vegas hotels need to concentrate on their 'core' customers.

"Stop being financiers, entertainment booking agents, hotel developers, golf course developers, resort developers or any other type of developer that takes resources away from operating a casino," Meczka said. "Do what you do best in an industry that affords operators the highest known (legal) return on investment – run a casino, nothing more, nothing less."
Though, I have to agree, an MO with stellar service and rock bottom prices might very well be a deal too good to pass up!
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Old Aug 15, 2009 | 12:49 pm
  #51  
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you seem to be forgetting the independent management contract. i cant imagine rates will be like FS.

also, the residences were about sold out. while we dont know what % will close, owners pay high monthly maintenance fees.
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Old Aug 15, 2009 | 1:00 pm
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I have only stayed at the MO BKK and SIN but I have not been impressed with either property. I do not expect MO LAS to raise the bar in terms of service; nevertheless, I am looking forward to giving them a try once they iron out opening kinks.
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Old Aug 16, 2009 | 12:37 am
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Originally Posted by Kagehitokiri
you seem to be forgetting the independent management contract. i cant imagine rates will be like FS.

.....
I was leafing through a holiday brochure yesterday and it featured both the FS and MO. In this particular brochure rates at the MO were 10-20% HIGHER than the FS throughout the period the brochure covers. This was admittedly a holiday brochure, so the rates published can be way off the reality and may reflect more what the tour operator (The Bearded One) thinks they can get.
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Old Aug 16, 2009 | 12:46 am
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I am looking forward to Pierre Gagnaire's restaurant in the MO LAS, however. We had a fantastic meal at his Paris flagship.

So now it looks like the big french chefs are now represented in LAS -- Ducasse, Savoy, Robuchon, and now Gagnaire. I wonder when Ferran Adria will open his outpost in Vegas?
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Old Aug 16, 2009 | 4:18 am
  #55  
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Smile

Originally Posted by Kagehitokiri
you seem to be forgetting the independent management contract. i cant imagine rates will be like FS.

also, the residences were about sold out. while we dont know what % will close, owners pay high monthly maintenance fees.
I have deposits and contracts on 2 condo units at the MO Las Vegas. Myself and others are asking for a refund of our deposit and cancellation of our contracts or steep price reductions.

Our Las Vegas attorney represents several other condo purchasers in the "Center City" complex.
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Old Aug 16, 2009 | 4:33 am
  #56  
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Originally Posted by baccarat_king
some thoughts....



My opinion, the MO in Vegas (in this market) is doomed without casino involvement.
FS Las Vegas is struggling! They were trying to get out of their contract with Four Seasons Hotel Management. The hotel is not owned by Four Seasons, they just manage it. The Ritz Carlton and that other property in the Lakes area were in foreclosure. It's like a ghost town out there. A lot of the stores/shops at the Lakes developement have closed.

I live on top of MO NYC, hopefully the MO LAS will be just as nice.
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Old Aug 17, 2009 | 2:37 pm
  #57  
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Originally Posted by Kagehitokiri
you seem to be forgetting the independent management contract. i cant imagine rates will be like FS.

also, the residences were about sold out. while we dont know what % will close, owners pay high monthly maintenance fees.
Originally Posted by TigerWould
I have deposits and contracts on 2 condo units at the MO Las Vegas. Myself and others are asking for a refund of our deposit and cancellation of our contracts or steep price reductions.

Our Las Vegas attorney represents several other condo purchasers in the "Center City" complex.
TigerWould, yes that is the impression I've gotten from some contacts. Kagehitokiri, it "might seem" that the residences are SOLD OUT; but in reality, it's just because of the deposit-commitments. Since the values have dropped so much, it's much more cost-effective (and financially sound) to just walk away from your deposit (on an over-priced pre-Vegas realty crash price). (Unless, of course, you can get a major price reduction).

I'm going to guess that the residences occupancy figures will adjust within the next six months (after completion of the property).
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Old Aug 18, 2009 | 11:43 am
  #58  
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Originally Posted by TigerWould
I live on top of MO NYC


did you get in pre construction?

re MO LAS, there is no potential for hotel rental income, so no one bought for that. also, one article said a third of buyers are planning to use as primary residence. will be very interesting to see what happens. same with all of citycenter.

condo fees will probably generate ~$5MM+ a year.
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Old Aug 19, 2009 | 12:26 am
  #59  
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Do you know if Wynn & Bellagio pools are heated during the low temperature months (November/December)? Sorry for this silly question but I stayed only once in Vegas during July.
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Old Aug 19, 2009 | 12:46 am
  #60  
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Originally Posted by Pierre&Cdric
Do you know if Wynn & Bellagio pools are heated during the low temperature months (November/December)? Sorry for this silly question but I stayed only once in Vegas during July.
The Encore pool was heated when I stayed there last winter (shortly after it opened). Too warm, actually. No idea about Wynn or Bellagio but presumably they are also heated.
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