The Travel Channel is profiling the top ten suites in Las Vegas:
10. Penthouse Suite, Las Vegas MGM Grand. At about $3000 per night offers 19 phones, an elevator to the second floor, and a spectacular view.
9. Palms Hotel, Las Vegas. Adrienne Suite, the “Coolest Suite” in town according to the Travel Channel. For $1500 per night you get a view of the mountains and city and a hotel address at one of the newest and coolest of the Las Vegas hotspots.
8. Sahara Hotel Casino. Ambassador Suite. This “Best Retro Suite offers a 1950’s style look and lots of old vegas glamor and history.
7. Turnberry Place. This “best alternative” to hotel suites is a rich and famous living hotspot. They showcase the 5.25 million dollar Suite, home to a wealthy client and will soon be home to many more Las Vegas luminaries and rich folks.
6. Elvis and Priscilla Suite at the Viva Las Vegas Hotel. This place does not look like my idea of a honeymoon place, but at $175 you even get neon lights and a Pink Cadillac bed.
5. Paris Las Vegas, Napoleon Suite. Over 4300 Square feet of opulence, primarily used by high rollers who often come in via private jet. Normally celebrities don’t stay here.
4. Mandalay Bay Four Seasons’ 180 Degree Suite is the ‘Best Escape” Suite. $2500 per night. A $10,000 hand carved bed is uniquie to the suite as is styling that is not typical Las Vegas. The Four Seasons goal is to remove you from Enjoy iced grapes at the pool where even the towels are chilled.
3. Las Vegas Hilton. Verona Suite. 15,000 Square feet of neo-renaissance opulence abounds in the Verona Suite that is generally for high rollers but unlike many of the other suites the Verona is on the market at $17,500 per night. 25 TV’s and big showers make this Las Vegas’ most expensive suite in terms of building costs according to the Las Vegas Hilton.
2. Venetian Hotel. The Presidential Suite at the Venetian. Sheldon Adelson is the Owner of the Venetian and says he likes to offer the Presidential to very high rollers – those who are gambling for 6-8 million per night and $150,000 per … .hand. Usually playing baccarat. Enjoy a Guggenheim Art Museum right in the hotel.
1. Bellagio Hotel. Villa One Suite. With entry through a private secret tunnel the Bellagio Villa One is a two bedroom, $6,000 per night masterpiece (unless you are a high roller in which case you’ll be paying nothing for the suite, but a lot more over time for the privileges). Staff pampers guests in a private dining room, private gym, and more. There are several villas at the Bellagio and each has a secret garden. The villas have 130 staff to help make the Bellagio’s Villa One the top suite in the Travel Channel’s roundup and the “most stylish suite” in Las Vegas.
The Bellagio, a 1.6 billion dollar hotel is only one of 58 five diamond hotels in the world.
Joe Duck 
Many of the really ‘top’ suites are kept secret with rather unimpressive entranceways away from normal traffic patterns. They are never featured in any publicity materials.
So few of the regular people who sustain Las Vegas ever get near the Featured Top 10 Suites. Vegas caters to the ‘whales’ that drop millions but Vegas survives on the Little Old Lady from Pasadena who feeds several hundred dollars into slot machines. Many of the high end resorts on the strip comp some very expensive suites to players as well as some very expensive meals but those casinos know what they are doing and comp rates rarely go over fifteen percent of a player’s expected value. And you all know what a casino really means when they refer to a player’s “value” to the casino.
I’d like to see a breakdown of profit centers, because my wild guess is that the high rollers are probably less than ten percent of total profits but somewhat ironically they probably offer the casino a much higher margin than “regular” customers.
Next time I’m there, rather than the $17,500 Verona Suite I think I’ll stick to the very nicely appointed and excellent $40-60 rooms at the Las Vegas Hilton, Mardis Gras, Imperial Palace, or even the Palace Station. If I’m lucky I’ll see O.J. there?
https://joeduck.wordpress.com/2007/09/14/hotel-booking-tip-day-and-date-matter/
Well, Main Street Station has the microbrewery and more craps tables than Palace Station. Nice piano bar too. And getting comped to a Mon-Thurs. room there is not extremely difficult.
Even the MGM grand now has 90.00 rooms for December that if not booked now will be climbing to 170.00. Though personally I would not want the MGM grand.
Now as to high rollers: they often play on credit and although they pay their markers they can be slow to do so. Us low-rollers don’t play on credit. If we give 100 dollars to the dealers thats fine with the casino. If a high roller leaves a really humungous tip, the casino has to pay the dealers their tip but wait a couple of months for the high roller to pay his marker off. So some of those high rollers are less valuable to the casino than might be thought. And often the high rollers know what they are doing. Low rollers tend to have poorer money management skills and are often “giving” thier money to the casino rather than gambling it wisely.
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“…they probably offer the casino a much higher margin than “regular” customers.”
Ah, but in the rarified world that is Vegas, price and margin are very fluid concepts. One famous example is the price change of a menu item. It was ordered made for “comp reasons”, but nothing at all was changed regarding the size of the steak that would be served. It was simply that two casinos were fighting over a certain player. When the high-rolling player chose one casino, the losing casino found out that it lost because it charged five dollars less for its steak dinner. So the losing casino raised the price on the menu that everyone else pays solely because one high roller didn’t liked getting comped to a 35.00 steak dinner at that casino when another casino comped him to a 40.00 steak dinner. For years now, all people who eat at the casino’s steakhouse have to pay the higher price for the steak dinner simply because one high roller once was peeved about the comps he received there.
Its the same way with room rates too, I would imagine. If the room rate is staggering, the high roller will love being comped to it, but the average person may actually have to pay that regular rate! And the average gambler will be less atuned to proper money management and so will leave a greater percentage of his money at the tables than the high roller will.
So Mr. Average Guy will pay for a room and he will be a less-skilled gambler. The high roller gets comped for the room and is skillful enough to gamble in a manner that milks the casino’s comp system. Vegas ethics on pricing, gambling and giving something away free are all related to one goal “get them in the door clutching their money”. Once that happens, the casino will prevail. And if the casino has to call it a ten-thousand a night room and give it away free, they will do so.
I thought it might be interesting to post at this time a brief mention that all the casinos in Las Vegas seem to be discounting their rooms substantially, often breaking price barriers that have heretofore appeared unassailable.
Strip hotels are competing for locals seeking a ‘staycation’. Condo-hotels are suffering as investors complain of promised profits evaporating. Some Dark Towers exist wherein all the owners are absentee landlords who rarely use the property and the few full-time dwellers live in luxury. Some construction projects have faltered and a great many over priced luxury condominiums have come back on the market as heavily discounted re-sales that are often being snatched up by Vulture Funds.
Top Suites? Yeah, they are still around. Probably being discounted too.
Gambling doesn’t have to cost a fortune. The online casino games today are fantastic, because they let you decide if you want to be a big spender or a little one. You can pick your bet at the online casino and have fun playing–whether it’s
high stakes or low ones.
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