Room rates down for holiday weekend

Knightly, Arnold M.
June 2008
Las Vegas Business Press (10712186);6/30/2008, Vol. 25 Issue 26, pP16
The article reports that average daily room rates along the Las Vegas Strip in Nevada are projected to decrease for the week beginning June 29 and ending July 5, 2008 according to a report from gaming analysts at J.P. Morgan. Room rates have reportedly fallen on the average for thirteen consecutives weeks and are also expected to decrease for the succeeding weeks ending July 13-19. Planet Hollywood Resort, however, is increasing its rates.


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