Prices for Rooms in Vegas Are Getting Downright Sinful

Summary

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It was once a place that gloried in its down-home, Western-style cheapness (think cowboy hats and self-serve buffets); now it's advertising VIP bottle lounges, thousand-dollar dinners and butler service. And along with this urge for the upscale has come the replacement of a number of budget hotels by expensive high-rise towers. Sad as it is to report, the accommodations of Las Vegas are getting costlier by the minute.

The Stardust (1,300 rooms), Bourbon Street (166 rooms) and the Boardwalk (654 rooms) are all closed or soon will be. The New Frontier (980 rooms) is on its last legs, as is the venerable Tropicana (1,878 rooms), which is on the verge of redevelopment.

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Extract

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Prices for Rooms in Vegas Are Getting Downright Sinful

According to the Las Vegas Review-Journal, by the end of 2006 some 5,000 budget hotel rooms will be eliminated from Sin City. That means that soon about 20 percent o...

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