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Devaluing a room after renovations

Discussion in 'Misc. Vegas Chat' started by sco5123, Feb 3, 2014.

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  1. sco5123

    sco5123 VIP Whale

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    Correct me if I am wrong, but it is to my understanding that prior "upgrades" are sometimes turned into standard rooms after renovations. For example, at MGM, West Wing used to be an upgrade but after renovations, it became devalued as a standard room. At Bally's the once-upgrade coveted North Tower was devalued to a standard room as the Jubilee Tower took over...and is now treated as such.

    My question is, why do we choose to also devalue a room that we would once pay to upgrade for? Is it not the same room we so desired?
     
  2. Funkhouser

    Funkhouser In Charge of the Big Door

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    It's always assumed the renovated room is the better room, due to the expected condition of the furnishing. In your example of Ballys, I would gladly take a North Tower Grand Suite over a standard Jubilee room.

    The view of course in Jubilee Tower is much better than the [STRIKE]North[/STRIKE] Indigo Tower. Hence why I think it is now the defacto premium rooms.

    I always thought the MGM West Wing rooms were smaller in size than other portions of the tower. With a lot of properties offering room sizes above 500 Sqft, I also believe room size effects the perceived value of the rooms.

    During my next trip, I am considering paying for a night at another property for the experience, even though I am fully comp'd during my stay with CET.
    I am also considering paying for an upgrade to a Ballys Jubilee Suite if it's less than casino rate for suites competing properties just to say I stayed there.
     
  3. stackinchips

    stackinchips High-Roller

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    It's all based on the relative pecking order of the room. As properties renovate, their oldest rooms will always fall to the bottom of the totem pole. A room may only be two years old, but if the rest are all two months old, it's still relatively speaking the oldest room. Also keep in mind that typically the prices will reflect that. Most properties will price their rooms from the bottom up, even if their bottom is better than what it was prior to a renovation. Therefore the traveler, who will usually seek out the BEST accommodations available for their budget will now realize that they can get into a brand new Jubilee tower room with a fountain view for what it used to cost them to stay in the North Tower rooms at Bally's. It's not so much that they're requirements/preference has changed as it is that their same budget now allows them to stay in a newer/better room.

    If Chevy started selling their Corvette's for $20k, lots of people would be buying them. Those people would have already been Corvette owner's if it had been in their budget all along. It's not that their Malibu's are no longer adequate, they're just seeking a better product that is now in their price range when it wasn't before.
     
  4. leo21

    leo21 VIP Whale

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    Vegas is all about the latest and greatest for many people. I more savvy and budget minded people will recognize that one room didn't become a pile of crap because another one was updated but there are others that expect every room in town to be brand spanking new and tricked out with all the new gadgets even if the hotel was 30 years old and they paid $29 per night.

    As for Bally's though, that remodel was so overdue and the view is so valuable that it makes sense that Jubilee is the new desired tower. And as for the West Wing, there have always been major detractors for those rooms. I recall people suggesting bypassing those rooms for a larger one for a long time.

    An exception to the rule would be Rio. There are people who seem to still rather get a room in Ipenema than take a Samba.
     
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