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Treasure Island closes buffet for good

Discussion in 'Restaurants & Buffets' started by ffejry, May 21, 2020.

  1. ffejry

    ffejry #1 Bears Fan

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    Last edited by a moderator: May 21, 2020
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  2. B T

    B T Engineer, gambler, drinker. Order varies in Vegas.

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    Vegas Eater has been stepping it up with the articles. Thanks @ffejry

    The writing was on the wall that it was closing due to shutdown but didn't think they would do it after the renovation. Buffet's are loss leaders to drive in traffic but Phill must have noticed their buffet was just a loss leader and not driving in traffic to make the switch. Sportsbook is just more profitable.
     
    Last edited by a moderator: May 21, 2020
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  3. redfury

    redfury Low-Roller

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    I have never eaten there either. I am sure quite a few will disappear but there will also be plenty that stay, such as Caesars
     
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  4. VegasBJ

    VegasBJ VIP Whale

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    it might be a trend where the lower end buffets that are loss leaders will end up closing, and the higher end / expensive buffets will remain
     
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  5. Kisby

    Kisby Low-Roller

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    They'll be back. In a year, maybe two, when we have forgotten all this, they'll be re-opening buffets. Hopefully new and better ones.
     
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  6. BlacklabberMike

    BlacklabberMike VIP Whale

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    Correctomundo Larry. Nothing is forever. Especially in Vegas
     
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  7. Boogaloo

    Boogaloo Low-Roller

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    This is my thinking as well - I'm pretty sure the buffets that cost $40 or more per person weren't losing money, just the lower end ones.

    I wouldn't be surprised to see those that remain hike their prices though, to account for more need to space people further out and to make sure everyone is able to get food in a manner that involves the least contact with other people.
     
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  8. B T

    B T Engineer, gambler, drinker. Order varies in Vegas.

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    Yup Bacchanal is not a loss leader. I read somewhere it was definitely making a profit since demand is too high to make it a loss leader.

    Some low end buffets might stay at local casinos because I know they do generate enough foot traffic to cancel out any loss. Boyd and Stations are known for some long lines by locals at times.
     
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  9. puttputtfc

    puttputtfc Low-Roller

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    TI is in a weird spot with their buffet. They can't serve slop and be seen as Circus Circus competition and they can't charge the prices or have the quality of the top end buffets. They're stuck in a position where no one wins.
     
  10. JeJas

    JeJas VIP Whale

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    I totally agree. The casino owners/managers probably factored into the cost of the land itself.
    If we separate the cost of the space, no way the food and labor fee at MGM Grand is much different from those at Gold Coast.
    Gold Coast charges $10 per head, MGM Grand charges $40 per head, how could you say MGM Grand buffet is loss leader?
     
  11. archie1959

    archie1959 VIP Whale

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    Less than two years after going through a $3.6 million renovation, Treasure Island opts to close its buffet to move a sport book into the 12,575-square-foot space.
    Corner Market Buffet took over the former Buffet at TI space in 2018 with stations spanning a farmer’s market for salads; new American, continental, and Asian dishes; and a country bakery with desserts, soufflés, and gelato. The buffet served breakfast, lunch, and dinner, emphasizing international flavors and the ability to order unlimited drinks and a bloody Mary bar.
    The Race & Sports Book relocates into 12,111 square feet of the space, adding a bar per the plans. The construction costs alone are estimated at $3.5 million.
    Corner Market Buffet joins other recent COVID-19 restaurant closings including PizzaRev, both locations of Miller’s Ale House Sweet Tomatoes buffets, Ricardo’s Mexican Restaurant, Hamptons and Brio Tuscan Grille at Tivoli Village, and Ben’Zaa Cantina in Centennial.
     
  12. Greg66

    Greg66 Tourist

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    I have stayed at TI some for the past couple of years. The buffet for dinner was OK not great. I think the quality was better in 2019 than when I was there January 2020. Most days I did eat breakfast there and it was decent. The buffet price was roughly the same as for a meal at the coffee shop. There was always a line at the Coffee shop and none at the buffet either. Of course one day I did venture over to meet a friend for breakfast at the Wynn buffet. $5 more at it was light years better.
     
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  13. PSM

    PSM High-Roller

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    It was always a good option for the price when I used to eat there but that was a number of years ago. Haven’t been since the renovation but thought it looked nice when I waked by.

    Oh well. its hard to get too disappointed about restaurants/buffets closing in Vegas because there are always so many options. That said, I am still sad about Payard at Caesars closing. Consistently the best Eggs Benedict I’ve ever had in my life. I want the recipe.
     
  14. rooster42000

    rooster42000 Brady # 1

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    Payard is one of the great pastry chefs.
     
  15. mhetrick

    mhetrick Low-Roller

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    Never had the TI buffet, but heard from others it was good. TI's sports book was located near the CVS which made it a quick trip in from outside for those wanting to bet. However, by moving it to the buffet space, it will force bettors to walk through the casino (their plan all along). I wonder if they are gonna use the old sportsbook location for additional slot space (social distancing and all)?
     
  16. Loluvsvegas

    Loluvsvegas Low-Roller

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    On my 3 days off from my full-time job, I drive Lyft in Vegas to make my gambling bankroll & because I only know my spouse and coworker friends who all have small children...
    Anyhow, I've taken groups of (what always seems to be) girls in their mid 20s to TI for the breakfast buffet.
    I would always ask if it's good & the response was always "they have bottomless mimosas"

    Honestly, tho... I've never heard anything else about the buffet, just that! Haha
     
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  17. 3OfDiamonds

    3OfDiamonds Vegas is Fabulous When You Degen Responsibly ;)

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    Wow - TI may have closed the best place to eat there... from what I’ve heard, their buffet was pretty good, or at least serviceable, but a lot of their other restaurants are not so hot or overpriced for the quality :eek:
     
  18. NickG

    NickG Low-Roller

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    How can a sportsbook be more profitable when there are no sports?
     
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  19. rooster42000

    rooster42000 Brady # 1

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    Soon ,we shall have sports.
     
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  20. Michael Smith

    Michael Smith High-Roller

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    Horse racing still happening! Was down to Will Rogers Downs and Fonner Park for a while, but now Cali and Kentucky have opened. New York slated for early June. Lots of big races coming up with Ky Derby prep races leading up to the Derby on the first Saturday in September—not quite the same ring as First Saturday in May, but it will work. Hopefully the MLB millionaires and billionaires will solve their squabble and be back on the field. If the Koreans can do it, we can, too.
     
    Breeder's Cup, baby!
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