Harrah's taking over managing Planet Hollywood

[Drew]

http://www.miamiherald.com/business/...y/1427522.html

[McNulty]

This will be interesting to see where they try to place PH in thier market plan if they do end up completing the buyout.

I am sad to think we may never see the 10 nights for $600 again but am hopeful that there may be another dirt cheap option mid-strip on my total rewards card.

[kori]

that kinda sucks. i like the PH the way it is. I find it's harder to collect rewards at HET properties..

[Keebler]

They have been operating 19 billion dollars in debt since 2008? Holy shit, lol. We'll see if anything changes at PH when i stay there in a few weeks.

[aria]

I didn't read the article yet, but they had purchased a good portion of PH's debt a couple months ago, but not enough to entirely control the company.

Harrah's needs to stop taking over more shit and fix up their own properties. Was hoping they'd keep the management the same, sadness.

[pcket5s]

I didn't read the article yet, but they had purchased a good portion of PH's debt a couple months ago, but not enough to entirely control the company.

Harrah's needs to stop taking over more shit and fix up their own properties. Was hoping they'd keep the management the same, sadness.

This really sucks from a consumer aspect. With less and less diversity driving competition with the big two - MGM and Harrah's taking over the whole strip complimented with the recession likely ending sooner than later...The great deals and offers are sure to start to disappear

[aria]

This really sucks from a consumer aspect. With less and less diversity driving competition with the big two - MGM and Harrah's taking over the whole strip complimented with the recession likely ending sooner than later...The great deals and offers are sure to start to disappear

I'm not so sure about that, given the massive number of rooms City Center will have open in 2010, the sheer quantity of numbers alone will keep rates down for awhile.

But Harrah's is biting off a lot and so is MGM-Mirage. If City Center doesn't perform well enough to achieve a proper profit margin in the next couple years, MGM-Mirage will be The Dubai Company's bitch.

It's the biggest gamble ever in Vegas. If MGM-Mirage falls...that shit would be disastrous.

[madscientist]

that kinda sucks. i like the PH the way it is. I find it's harder to collect rewards at HET properties..

i fully agree. i can't get a free night for crap, unless its the IP in middle of November

I didn't read the article yet, but they had purchased a good portion of PH's debt a couple months ago, but not enough to entirely control the company.

Harrah's needs to stop taking over more shit and fix up their own properties. Was hoping they'd keep the management the same, sadness.

+10!!!! all their strip properties need a serious update with the exception of maybe paris

[pcket5s]

I'm not so sure about that, given the massive number of rooms City Center will have open in 2010, the sheer quantity of numbers alone will keep rates down for awhile.

But Harrah's is biting off a lot and so is MGM-Mirage. If City Center doesn't perform well enough to achieve a proper profit margin in the next couple years, MGM-Mirage will be The Dubai Company's bitch.

It's the biggest gamble ever in Vegas. If MGM-Mirage falls...that shit would be disastrous.

You def have a good point, but ultimately I dont think MGM or Harrah's would care where you stayed as long as you stayed with them. So with only 2 big fish in the sea I see less and less competition driving down prices. But your right if MGM fails, and can def happen with the huge gamble they are taking, Vegas would be in shambles.

[dnix]

Ive always had good luck with the Harrahs rewards, so Im glad to see another property added.

[IndyColtsGal]

IMO when Harrah takes over, said property goes down hill. I'm sorry to hear this. I loved PH and it's vibe....now we have to wait and see.

[nyc2vegas]

has PH succeeded in anything they do?? the restaurants crashed and burned, and now the hotel.....geez stick to making movies guys and gals

[SunFire]

has PH succeeded in anything they do?? the restaurants crashed and burned, and now the hotel.....geez stick to making movies guys and gals

+1 exactly PH hasn't had the greatest track record

[Keebler]

+1 exactly PH hasn't had the greatest track record

Are you telling me you didnt eat in the Planet Hollywood restaurants when they first opened and they were cool??? How could you deny ordering the chicken fingers made with Captain Crunch breading

[nyc2vegas]

Are you telling me you didnt eat in the Planet Hollywood restaurants when they first opened and they were cool??? How could you deny ordering the chicken fingers made with Captain Crunch breading

actually I ate in one in Barcelona Spain....looking back I really dont know what the F possessed me to do it, I guess I was sick of eating paella