[DC 86]

[quote author=dabigv link=topic=16724.msg190780#msg190780 date=1490710301]
Yeah, I mean most of these stadium deals get a lot of funding from hotel taxes and the like, but that just means less tourists will come or hotels have to lower their rates. No free lunch.

There are a lot of aging hotels just off-Strip with poor occupancy numbers in Vegas.  Not really a good look for them anyway.
[/quote]
Speaking as a part-time resident there are a handful of struggling hotels, but overall occupancy in 2016 was 90.8% which was the highest rate since 2007, and marked the third year in a row that overall occupancy rate has risen. In fact, occupancy has risen even as most hotels have repeatedly increased their infamous "resort fee" surcharges over the last few years.

[DC 86]

[quote author=dabigv link=topic=16724.msg190780#msg190780 date=1490710301]
Yeah, I mean most of these stadium deals get a lot of funding from hotel taxes and the like, but that just means less tourists will come or hotels have to lower their rates. No free lunch.

There are a lot of aging hotels just off-Strip with poor occupancy numbers in Vegas.  Not really a good look for them anyway.
[/quote]
Speaking as a part-time resident there are a handful of struggling hotels, but overall occupancy in 2016 was 90.8% which was the highest rate since 2007, and marked the third year in a row that overall occupancy rate has risen. In fact, occupancy has risen even as most hotels have repeatedly increased their infamous "resort fee" surcharges over the last few years.