Venetian/Palazzo RESCINDING offers that have already been booked!!!

You see Jenaphir, you made an allegation that I was "wrong" and I asked you to say what I was wrong about. And you didn't. Or you won't. Or you can't.

I'm ready. What is it?

You are a man, therefore you are wrong. Haven't you ever been married?

its that i wont.

why wont i?

because you are absolutely incapable of reading comprehension and i would be wasting my time.

example:

me: money is wrong

you: BLAH BLAH BLAH GO SUE THE VENETIAN IF YOU THINK THEY DONT HAVE A RIGHT TO TAKE YOUR OFFER AWAY

i never had an offer
i never said they were wrong
i most certainly never said anything about suing anyone
ever

since you went beyond completely so far off the handle over something I NEVER SAID, i have come to the conclusion that you dont know how to comprehend anything so why bother.

if you REALLY want to know what you are wrong about, take a remedial course and learn how to read the freaking thread. its pointed out at least fifty times why you are wrong and you somehow you still claim to not know.

Adelson's desperate -- let's call it what it is -- he's trying to function in an unprecedented and failing environment -- and his response is to attempt a strategy that, to my knowledge, has never been attempted in Las Vegas by any major casino. Whether it "works" or not -- well, we have a difference of opinion. Money thinks Adelson must know what he's doing. I don't know why he thinks that, but okay. Adelson is attempting to corner the convention market? Doubt he can do that long term -- if Comdex was still around, okay, try to corner that (no gamblers there). But most conventions are in Las Vegas precisely because it's Las Vegas. It seems unlikely conventions will flock to V/P so that folks can avail themselves of a non-casino. Corner the business market? My only question -- what business market is that?

Borrowing a theme from another thread, if I got stiffed on an offer like KarenTn did, I'd contact my local entymology school, pack a suitcase of bedbugs and (my fave) African hissing cockroaches, and pay that casino rate for a night. Ten YouTube videos and a screaming sprint through the lobby later, I would have done ten times the damage to Adelson's precious bottom line that my rescinded comp would have cost him.

You know, I kind of like the idea of doing that ---

Adelsons arrogance reminds me of an interview i saw with steve case. It was a long time ago,mid to late 90's, I beleive. It was the time the internet was just starting to explode and becoming mainstream society and AOL was the clear leader. hell,most people thought you had to have AOL to access the internet and didn't even know that there were other ISP's out there.AOL's stock just kept exploding by leaps and bounds. Then people started to realize you dont need AOL, and there were much cheaper ways to access the net.

Anyway,back to steve case,I saw an intrview with him on cnbc and they were questioning him on slowing growth,other companys cheaper rates, etc.I'll never forget his responses.He was the most arrogant sob i've ever heard. All he would say when asked about aols rates was "but,we're a SUBSCRPTION company",our content is what everyone wants. "everyone loves AOL,they'll never leave us". "noone can compete with us"."we're a subscription provder". "people subscibe to us ,because,well, because,we're AOL!" The whole interview went like that.

You see where AOL is today. Does anyone even have aol anymore. I can think of only one person who still has aol that i know. Sometimes i look emails that i get(you know the ones that have been forwarded a 100 times and contains all past who have gotten it) and I hardly ever see any aol addresses.

Let me start out by saying I completely agree that cancelling an offer with little warning is not good I would be angry as well. The over all plan here I see by Adelson could very well work only time will tell. I owned a business for many years and after about five years into it I was in a position of needing to add more staff and possibly even a larger space none of these I wanted to do. I took a hard look at the whole picture and realized the nickel and dime business was eating up half my staffs time, so on the extremely low end charges I doubled my prices. It ran about half the fleas off I had time to concentrate on larger things. Long story short in a years time my daily number of transaction were down gross sales and profits were up with the same number of staff members.

Thank you.

I like what double zero wrote. Its a good strategy that works for many businesses. It is obvious that LVS does not want to compete with STN or BYD. Adelson is more concerned with the Sands convention center which can thrive on its own as well as with the LVCC. Adelson doesn't want the "trouble" of dealing with lower level players who demand comps and drive up costs. You don't have to like his plan. Vote with your feet. He doesn't care. They have a different idea than you--- if you disagree.

I think the poster who said marketing jobs will be cut is partially right. Host jobs for players will be cut but LVS will take its new efficiencies to offer better deals to biz travelers. The LVS props will not be what they been for vacation gamblers and in a market that is over saturated with cheap rooms for budget visitors who demand comps this idea is not crazy.

By the way I heard wynn wants to replace the golf course with facilities for business and biz travelers. It doesn't surprise me. After all how much revenue do you get from a golf course when its not daylight or its too cold or too hot or the weather is bad?

I would have to say I agree with double_zero. I think the heart of the problem lied with people getting comps that didn't qualify for them. V/P gave out free rooms and freeplay like candy, and I think they found out that didn't work. People were getting 4 nights comped (plus freeplay). Those 4 nights were about $1000 worth of rooms. If the numbers say those people didn't have enough play for $1000 in rooms plus freeplay, then obviously they were going to pull the plug on the comps. People who got these offers for the past couple years, and suddenly had them pulled are upset (and understandably so). When you become used to something, you expect it to continue. (I do agree that offers that have already been booked, should never have been pulled). The fact of the matter is, if you play to the level to deserve the comps at V/P, you WILL be comped. I went to Palazzo for 4 nights and when I left, my host comped the room and about $300 that I had in food and beverage. (I did not get upfront freeplay however). I think people are frustrated because V/P are the best properties on the strip (along with maybe Wynn/Encore) and should require a higher level of play for comped rooms.. Let's face it, if Hard Rock or Hooters pulled the comps, there wouldn't be all these threads and hundreds of replies about it. Nobody would care. It is funny how no one seems to mention Wynn. Wynn/Encore NEVER gave out comps like V/P, but no one is badmouthing Wynn. From what I've seen in some other threads, people seem to be perfectly OK with $149/night discounted Wynn rooms they got in a mailer or email, but they expect the V/P rooms to be comped (with freeplay and tournaments). Seems like a double standard.

You seem to have the same lack of reading comprehension as MoneyLA. The vast majority of posters on this thread simply had a problem with the OP being given last minute notice of his cancelled comp. The OP was told he wouldn't be comped but could pay the casino rate. It was the LAST MINUTE NOTICE that bothered the majority of people, not the new philosophy of the V/P.