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Room Comp Question

Discussion in 'Comps' started by HelloStranger, Sep 5, 2014.

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  1. HelloStranger

    HelloStranger Tourist

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    Hi everyone.

    So, if you're staying in a suite and the 'normal price' of the room is say 650 a night, how much do you have to gamble to make it up to your host?

    I don't really understand the comp/theo thing even after reading posts haha ;)

    Thanks so much in advance!
     
  2. Sydney10

    Sydney10 Tourist

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    I think generally, a host will comp at about 30% of theo. A host has a cost for a room/suite as well. If your suite is listed at $650/night, your host's cost won't get that high, but I'd guess maybe half. So if my numbers are somewhat accurate, a theo of $1000/day covers your suite.
    $650 seems low for a suite.
     
  3. HelloStranger

    HelloStranger Tourist

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    ok - Great! Thank you so much!
     
  4. RiddickBull

    RiddickBull VIP Whale

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    I would play at your previous level noted by your host.
     
  5. Gamesman

    Gamesman VIP Whale

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    That answer doesn't help. The OP may have an ADT of $4,000. If they want to play light, they could still appease their host with less than half of their normal pay.
     
  6. Ty

    Ty ?

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    What's your average play?
     
    Christmas Trip. Sam's Town & MSS
  7. HelloStranger

    HelloStranger Tourist

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    This is actually about right. This is actually for my Mom's account. When I look at a room on the calendar rate it says $650 but under my Mom's account it will say Comp, so that is where I'm getting that number ;)

    I was just curious and trying to get a guess if she wanted a suite some time what to expect or if she needed to play a little more. Thanks for all of your replies!
     
  8. BayouBengal

    BayouBengal VIP Whale

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    It's tough to say at what they value a room at. After my last stay the host tells me that I "covered my room" despite it being an upfront offer from a mailer and my theo def wouldn't have covered the rack rate from their site. So they def value it lower than the cash price. I would hope the host would be forthcoming if asked " what level of play are you expecting?"
     
  9. newmans

    newmans VIP Whale

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    My host has told me that even if I come in on a marketing offer for 5 free nights and a gift card/free play, he still needs to factor that into my comps. I have noticed that my host was charged for my room about 55-60% of the rate listed for the room if I did a search for that room without my player card number.
    I think my host is being charged an inflated rate, but that is the number that he is working with. He would also have a cost for the gift card or free play I receive.
    I also believe Sydney's 30% of theo for comps is accurate.
     
  10. nostresshere

    nostresshere Mr. Anti Debit Card

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    Personally, I never think about my play and "making it to the host". If they offer something up front, then it is mine. If I play way less than normal, then so be it. I never worry about getting to a level that makes the host happy.

    I also understand that if I low play, it will impact future visits. Also, if I low play, I will not get back end comps on meals, etc.
     
  11. PayTriple

    PayTriple The Cucumber King

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    I think this is the best way to think about room comps.

    If I am visiting solo, then a "basic" room is fine, and I don't feel obligated to generate a certain amount of theo.

    However, if I am inviting friends along and need an "upgraded" room/suite, then I go into the trip with the understanding that I will need to hit a certain amount of theo to "pay" for the room upgrade.
    (Also need to generate more theo if I am planning a fancy dinner out etc.)

    Usually, it is not a problem for me to hit the increased theo, since I am such a gambling denegerate!
     
  12. chonglosaxon

    chonglosaxon MIA

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    The comps should be based on the casino rate, not off the rack rate for the room.

    As far as Theo, I use 40% for my comps, that is what I get from my host. The night before I checkout, I will check what my theo is and then multiply times 40% and see where I am. If I am way undercomped, I go spend up to the neighborhood of where I should be, so it all works out.
     
  13. HelloStranger

    HelloStranger Tourist

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    Sorry I didn't respond sooner. Thank you, everyone, for your answers!
     
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