A subsidiary of Dubai World owns the other half of CityCenter.

In its first month of operation, room rates for Aria have been priced below those offered at Bellagio, which contradicts the original plans of MGM Mirage to make the CityCenter centerpiece its premium resort.

Susquehanna Financial Group gaming analyst Robert LaFleur, however, found a silver lining for MGM Mirage. The casino operator gets all of the proceeds from Bellagio.

“It has been a little over a month since Aria opened, and it appears Bellagio still has the upper hand in premium pricing in the MGM Mirage portfolio,” LaFleur said in a report to investors. “While, this may not be good for CityCenter, it is a better development for MGM Mirage, given its 100 percent ownership of Bellagio versus its 50 percent stake in Aria and CityCenter.”

Still, the room rates at Aria are not what MGM Mirage had envisioned.

LaFleur has been tracking hotel rates across MGM Mirage’s 10 Strip properties. The company originally intended to price Aria at a premium to Bellagio by the middle of the first quarter (January through March).

However, Bellagio is now priced at a 7 percent to 10 percent premium to Aria on weekdays in February and March. Meanwhile, Bellagio’s February average weekend asking rate is 41 percent above Aria’s and the March weekend premium is 4 percent higher.

Much of the rate increase at Bellagio centers on Chinese New Year, which begins Feb. 14.

LaFleur found the average February weekend quote at Bellagio is $337, $98 above Aria, and $108 more than the non-gaming Vdara Hotel, which is located between Bellagio and Aria.

The average February weekday quote at Bellagio is $167, $18 above Aria, and $15 above Vdara.

“Bellagio continued to show positive trends … which could be indicative of customers preferring a more established brand.” LaFleur said. “MGM Mirage has reported solid occupancy levels at CityCenter, however it appears that more aggressive pricing has been necessary to achieve those occupancies.”

온라인카지노사이트

44 thoughts on “A subsidiary of Dubai World owns the other half of CityCenter.

  1. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across.Seo Paketi Skype: By_uMuT@KRaLBenim.Com -_- live:by_umut

  2. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across.Seo Paketi Skype: By_uMuT@KRaLBenim.Com -_- live:by_umut

  3. HappyToon 해피툰 : the fastest place to check free webtoon addresses. 해피툰
    HappyToon 해피툰 주소안내 : the fastest place to check free webtoon addresses. 해피툰 주소안내
    HappyToon 웹툰추천 : the fastest place to check free webtoon addresses. 웹툰추천
    HappyToon 해피툰 : the fastest place to check free webtoon addresses. 해피툰
    HappyToon 웹툰추천 : the fastest place to check free webtoon addresses. 웹툰추천
    HappyToon 해피툰 : the afastest place to check free webtoon addresses. 해피툰

  4. HappyToon 해피툰 : which has the largest number of webtoons currently being serialized. 해피툰
    HappyToon 해피툰 주소안내 : which has the largest number of webtoons currently being serialized. 해피툰 주소안내
    HappyToon 웹툰추천 : which has the largest number of webtoons currently being serialized. 웹툰추천
    HappyToon 해피툰 : which has the largest number of webtoons currently being serialized. 해피툰
    HappyToon 웹툰추천 : which has the largest number of webtoons currently being serialized. 웹툰추천
    HappyToon 해피툰 : which has the largest number of webtoons currently being serialized. 해피툰

  5. HappyToon 해피툰 : the fastest place to check free webtoon addresses. 해피툰
    HappyToon 해피툰 주소안내 : the fastest place to check free webtoon addresses. 해피툰 주소안내
    HappyToon 웹툰추천 : the fastest place to check free webtoon addresses. 웹툰추천
    HappyToon 해피툰 : the fastest place to check free webtoon addresses. 해피툰
    HappyToon 웹툰추천 : the fastest place to check free webtoon addresses. 웹툰추천
    HappyToon 해피툰 : the fastest place to check free webtoon addresses. 해피툰

  6. HappyToon 해피툰 : which has the largest number of webtoons currently being serialized. 해피툰
    HappyToon 해피툰 주소안내 : which has the largest number of webtoons currently being serialized. 해피툰 주소안내
    HappyToon 웹툰추천 : which has the largest number of webtoons currently being serialized. 웹툰추천
    HappyToon 해피툰 : which has the largest number of webtoons currently being serialized. 해피툰
    HappyToon 웹툰추천 : which has the largest number of webtoons currently being serialized. 웹툰추천
    HappyToon 해피툰 : which has the largest number of webtoons currently being serialized. 해피툰

  7. HappyToon 해피툰 : the fastest place to check free webtoon addresses. 해피툰
    HappyToon 해피툰 주소안내 : the fastest place to check free webtoon addresses. 해피툰 주소안내
    HappyToon 웹툰추천 : the fastest place to check free webtoon addresses. 웹툰추천
    HappyToon 해피툰 : the fastest place to check free webtoon addresses. 해피툰
    HappyToon 웹툰추천 : the fastest place to check free webtoon addresses. 웹툰추천
    HappyToon 해피툰 : the fastest place to check free webtoon addresses. 해피툰
    HappyToon 웹툰사이트 : the fastest place to check free webtoon addresses. 웹툰사이트
    HappyToon 무료웹툰사이트 : the fastest place to check free webtoon addresses. 무료웹툰사이트
    HappyToon 무료웹툰 : the fastest place to check free webtoon addresses. 무료웹툰

  8. HappyToon 해피툰 : which has the largest number of webtoons currently being serialized. 해피툰
    HappyToon 해피툰 주소안내 : which has the largest number of webtoons currently being serialized. 해피툰 주소안내
    HappyToon 웹툰추천 : which has the largest number of webtoons currently being serialized. 웹툰추천
    HappyToon 해피툰 : which has the largest number of webtoons currently being serialized. 해피툰
    HappyToon 웹툰추천 : which has the largest number of webtoons currently being serialized. 웹툰추천
    HappyToon 해피툰 : which has the largest number of webtoons currently being serialized. 해피툰
    HappyToon 웹툰사이트 : which has the largest number of webtoons currently being serialized. 웹툰사이트
    HappyToon 무료웹툰사이트 : which has the largest number of webtoons currently being serialized. 무료웹툰사이트
    HappyToon 무료웹툰 : which has the largest number of webtoons currently being serialized. 무료웹툰

Leave a Reply

Your email address will not be published. Required fields are marked *