FROM ONLINE LAS VEGAS ADVISOR!
October 01, 2019 12:18 Resort Fees 3% of Total Revenue at MGM and Caesars: A story on casino.org discusses "the most hated fee in travel." It quotes analysts who indicate that if passed, the Hotel Advertising Transparency Act, currently being considered by the U.S. House of Representatives, that would require all lodging places to advertise the full price of a room will have a definite impact on casino companies' bottom lines. "Analysts revealed that resort fees account for three percent of all revenue for both MGM and Caesars"; this is the first time we've ever seen resort fees broken out as a line-item percentage of revenue, as discussed in a recent Question of the Day. As for the bill's chances, the article cites OpenSecrets.gov, which reports that the gaming and lodging and tourism industries are powerful opponents, having spent just under $50 million in 2018 lobbying federal legislatures on behalf of its interests. The article also quotes a statement by Marriott: "These fees are not common practice in the hotel industry. Declining over the past decade, approximately seven percent of hotels currently charge resort fees –- and these are the properties that have far more available amenities than other lodging facilities.” And we know where a lot of those properties are.
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