Vegas Nichtclubs: The New Cash Machine

[PhillyGreg]

Short and decent article on how the club scene is comprising a larger piece of the revenue pie. Seems to be no such thing is limitations.

http://www.lasvegassun.com/news/2012...tention-strip/

[WarreN]

Very good read. Very true.

I loved this part:

And they weren’t even working at it full time.

“What’s interesting about those figures is that a lot of the clubs mentioned in the top 10 that aren’t in Vegas operate five nights a week,” said Jason Strauss, a partner at v. “Tao and Marquee are really only two nights a week when you talk about the overall facility being open, and three days a week when you add the smaller events. These clubs are still generating that kind of revenue in just a few days a week.”

But during those few days, they’re getting the full attention of younger Vegas visitors.

“These are customers who make nightlife a priority of their visit,” said Bryan Bass, executive director of marketing for Las Vegas Nightlife Group, which operates Encore Beach Club and Surrender. “Someone might stay in a three-star room over a four-star room, or eat a $25 meal as opposed to a $100 meal. Then, what they are doing with the rest of their money is coming to nightclubs.”

[tccfic]

i remember foregoing a bottle service once and later that night losing $1.5k at the $25 bj table. depends on what u like, ur exchanging something for ur $ regardless. bottomline, vegas always wins.