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Paris

n m
Los Angeles...
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112 posts
4 reviews
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Paris

I was scrolling through hotels to see what one to book for my next vacation when I came across Paris. Although it looks cool the rooms look old and worn out and they want $130 for a basic old room when I can get a newly renovated much nicer room at the mirage for $60. I don't see why anyone would book there old rooms and pay that much when there are other hotels with nicer rooms for better prices. Paris needs a remodel and then maybe id stay there.

Phoenix, Arizona
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43,283 posts
1,294 reviews
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1. Re: Paris

People will pay for all sorts of things, such as proximity to a certain casino, to a particular restaurant, because of nostalgia or due to some promo.

Personally, I would rather pay more for a room that amuses me, and the rest can be ignored.

Hunt

Rowlett, Texas
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955 posts
22 reviews
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2. Re: Paris

A hotel is no different from any other business in that it will charge as much as the demand allows it to. If everybody felt as you did, then nobody would stay there, and prices would drop until the demand moves back up. I too find certain properties vastly overpriced in comparison to ones that I find are a good value (read bellagio, Caesars, Mandalay bay). Where as someone might think vdara is poor value as there is no casino on site or restaurants, or "isn't the experience I'm looking for in Vegas" (wink). I find excellent value there personally. But I'm in the minority, as it's always very cheap for the room you get in that good a location. Different strokes and all that.

United Kingdom
Destination Expert
for Mauritius, Grand Baie
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21,519 posts
1,863 reviews
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3. Re: Paris

You make the Paris out to be a pensioner when it's only 15 or so years old.

It's attraction are location and compactness. It's also rather fun on a classy way. Maybe it's due a major refurb but I tend to find it's usually on a special offer.

Chicago, Illinois
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359 posts
19 reviews
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4. Re: Paris

I typically get good rates at Paris through play but I stay there mostly because it is my favorite casino to gamble in and I like it's proximity to other places I like to visit.

The rooms need updating but they are comfortable and since I don't spend much time in the room, it works for me.

Different strokes for different folks!

n m
Los Angeles...
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112 posts
4 reviews
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5. Re: Paris

I'd Definately like to stay there it's just I have a kid so I need 2 queens and there aren't any red room luxury 2 queens but there is the blue luxury 2 queens however it's like $250 and those rates don't compare to the ones the Mirage gives me ($35 on 4th of July!)

Adelaide, Australia
Destination Expert
for Adelaide, Las Vegas, South Australia
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10,079 posts
1,343 reviews
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6. Re: Paris

I quite like Paris- it has a certain charm

AT@TA

Sturgeon Bay...
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5,978 posts
6 reviews
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7. Re: Paris

Sometimes I will try to stay at a certain place because I have gotten such good service that I look forward to getting back there. Or I will stay there again because the CW service was fantastic.

Raleigh
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12 posts
4 reviews
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8. Re: Paris

I love staying at Paris. Have stayed at Caesar's, MGM and various other places but like the size of Paris and love the location. Have always found great prices on Smartervegas.

San Diego...
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1,009 posts
23 reviews
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9. Re: Paris

"A hotel is no different from any other business in that it will charge as much as the demand allows it to"

Yep, that's what we call 'supply & demand'. A lot of people wrongly believe businesses charge what they please for their products, but that's often not the case. If there's too much of one thing, then prices go down, if the demand is very low, prices go down. On the other hand, if there's very limited supply prices go up, and if the demand is extremely high, then prices go up too.

This is the reason why rates tend to go up when there's a huge convention or during holidays, a lot of demand for hotel rooms. Supply is the reason why rates in Vegas are much cheaper than anywhere else in the US too; for example, MGM has 6000 rooms, there are so many of them that rates aren't that expensive. If they only had 500 rooms, you would see a huge increase in their rates.

However, hotels can alter prices to encourage people to stay there and gamble at their casino, shop, dine, etc. That's another reason why rates aren't that expensive, maybe they won't profit from the rooms but they make up for it with the casino. So if Paris is more expensive than Mirage or MGM that doesn't necessarily mean there's a higher demand for hotel rooms there, but maybe MGM decides to 'subsidize' their hotel rooms in order to attract more people to their casinos.

Edited: 29 September 2014, 04:22
Houston, Texas
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1,373 posts
297 reviews
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10. Re: Paris

Honestly I think you could put a Travelodge across the street from the Bellagio fountains and charge $130 a night. People pay way too much attention to a hotels location on the strip in my opinion.