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Introducing: "The Excalibur Bazaar Shops"

Discussion in 'LV Strip Hotels & Casinos' started by cphllps, Sep 15, 2015.

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  1. cphllps

    cphllps High-Roller

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    http://www.vegastripping.com/news/blog/5668/introducing-the-excalibur-bazaar-shops/

    ...............Now we have Excalibur Grand Bazzar (that isn't the real name) MGM Resorts International's re-appropriate of a mis-used, corner-facing, thoroughfare-adjacent concrete slab into a (hopefully) less funky shanty town of shopping pagodas surrounding a Starbucks.

    In both cases, the premise is simple: maximize revenue by offering more lease-able square footage to foot traffic vendors between attraction X and hotel Z.......................
     
  2. UTE

    UTE Plastics

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    Makes sense. That's a lot of space that could be generating revenue. Now, before people get all excited about whether or not the "Shopping Model" of business is a good thing or not - it works. Stores generate a reliable and proven revenue stream. That's why LV resorts continue to invest in them. The business model works.

    Bill
     
  3. bshowell

    bshowell VIP Whale

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    Hmmm. Well...it can't be any worse than the nothing that is already there...
     
  4. Nevyn

    Nevyn VIP Whale

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    Its not like what is there now is beautiful.

    The biggest concern would be if the shops slowed pedestrian traffic to and from the trams. The picture shown makes it look like the building would be between the bridges incidentally, but I am guessing it would be like the NYNY corner, and the bridges would lead right into the shops.
     
  5. ValerieJo

    ValerieJo Low-Roller

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    Hi! :wave:

    Maybe I'm the only one that doesn't go to Las Vegas to shop.

    But it makes sense in using leasable square footage. Just take a look at the Novi Town Center, there used to be some green area (Bagger Dave's, etc.) Also, they are adding another shopping building next to Diamond Jim Brady's. Revenue!

    PS. Check my countdown clock. :peace:
     
    First time at 4 Queens
  6. phade

    phade Low-Roller

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    To me, this is one of the more sensible moves for shopping. Not much of that current space could be used for other revenue generating income without significant changes to the actual hotel. Tossing up a couple stories to hold stores, eating places, etc.? Easy peasy.
     
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