In a climate in Las Vegas where it seems the two major Strip operators MGM Resorts and Caesars Entertainment are constantly raising parking charges comes news that the Wynn Las Vegas is making a customer positive change to its parking; Starting July 1st customers who spend $50 in the casino will have their parking fee comped which is similar to Downtown properties where if you spend money at the property you get your parking comped. It would be nice if this was the start of a bigger trend to lessen parking and other fees but unless there is a big downturn in the number of Las Vegas visitors i cannot see that happening.
It seems not a week goes by recently without one Las Vegas resort or another announcing a higher resort fee or parking fee and now added to the list is The Premium Outlets near Downtown Las Vegas. The Premium Outlets if you are not familiar with it is a outdoor mall with name brands at discounted prices in company stores and is popular with residents and tourists alike looking for a deal.
The Premium Outlets will now charge a $5 flat fee for parking in the malls lot at Martin Luther King Jr Boulevard and Bonneville Avenue. At this time Nevada residents will not be charged the fee and mall employees will have their own parking area which will make more spaces free.
The ongoing rush to add new fees in Las Vegas has started to annoy Las Vegas visitors although as of now it doesn’t seem to have had much effect on visitor numbers to Las Vegas. The problem with all these fees from resort to parking fees is they always begin to creep up in price and today’s $5 parking charge could be $10 to $15 in the future.
MGM Resorts has announced that parking rates at its 12 properties on the Las Vegas Strip are raising starting today, the new rates also include a new two to four hour valet rate. The rates of course vary by property although free self parking is still available for Pearl, Gold, Platinum or NOIR level members of its M Life players card or cardholders of its M Life Rewards Mastercard.
The question to many with ever higher parking fees on top of ever higher resort fees whats the tipping point where a visitor might chose to stay off Strip or not visit at all. Sure if this is your one and only visit to Las Vegas you will most like just deal with the extra costs but i wonder if this will effect at some point the 40 percent of visitors to Las Vegas who mainly drive in for the weekends.
The prices at the lower tier properties for self parking are free at Circus Circus, and $10 for 24 hours at Luxor and Excalibur; The mid tier parking pricing for properties such as Mandalay Bay, Delano, MGM Grand, The Park MGM, New York New York and the Mirage is up to $15 for 24 hours; Finally the highest tier parking is for the Aria, Bellagio and Vdara with self parking now up to $18 for 24 hours.
Wynn Resorts has announced its new parking fees for Wynn Las Vegas and Encore with the fees due to start August 7th. The new parking will start at $7 for two hours of self-parking and then $12 for between 2 and 4 hours and a $15 maximum for 24 hours. If you park for a shorter length the first hour is free and valet parking already charges $15 for the first four hours and $20 for up to 24 hours.
MGM Resorts had announced that with the opening of the T Mobile Arena that they would start charging for parking at its nearby properties. The properties charging the fees are Bellagio, Aria, Vdara, New York New York and the soon to be rebranded Monte Carlo. The only way to avoid the charge is if you are have a Nevada driving license and are willing to have it scanned. I would expect this soon to become the norm on the Strip as i’m sure other companies are looking at this as another way to increase income. I wonder if Caesars Entertainment will have a campaign against the parking fees then turn around and add them and say the customers requested being charged so they added them, no i’m sure that would never happen. I cannot see off Strip properties rushing to add a parking charge as most of there business is locals who drive to the property and often visit several times in a month instead unlike a tourist.
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