Coming soon to LV: Plenty of high-priced rooms

Spillman, Benjamin
August 2008
Las Vegas Business Press (10712186);8/25/2008, Vol. 25 Issue 34, pP4
The article reports on the expected development of 40,000 new rooms in Las Vegas, Nevada by the end of 2012. A Deutsche Bank report states that Strip pipeline development will supply 89% in the luxury category and would result to many high-priced rooms and too few midmarket choices. Tom Skancke, a transportation consultant, reports to the Las Vegas Convention and Visitors Authority that he wants a new interstate highway from Phoenix to Las Vegas to ease the road congestion.


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