
Originally Posted by
D-man
That's why AC needs to market to a larger geographical area. Pa casinos will cut into the PA market, but I doubt they will draw many visitors from other states. Touting the beach and adding more non-gambling things to do will increase the market, as well.
I agree that hotel rates are high, but they are not ridiculously high considering most of the hotels are 4-5 star quality. Weekend rates could be lower, but weekday rates are ridiculously cheap. You can stay at the nicest places (Ceasars, Harrah's) for less than $60 a night.
I wouldn't doubt too much. it's easier to get to Philly than AC from NY. If done right, it will cut into all but the highest end business which AC will be splitting with Vegas. To be honest, I've found the rates to be ridiculously high and the quality low. once we paid $250 night for the best western. you're right though, weekday rates are cheap...it's just that I have no interest in spending my vacation there but easy weekends at the shore is something I'd be interested in. I'm not particularly interested in gambling though so the chelsea is probably more my speed. I think the casino market is in decline and competition is chipping away at profitability. the AC casinos will never recover. NY and PA make up most of their business I'd imagine. It failed to save AC 30 years ago. it's failing now. for the first time in recent history PA raked in more gambling money than AC and table games and Philly casinos haven't even opened. I'd love to see it go back to being a beach city with nightclubs, restaurants, etc. It's been trying but it waited too long. it's terribly corrupt to boot and there's too much public housing. NJ should have been applying for HSR funds to building something like the Orlando-Tampa for Philly-AC. and get rid of some of the casinos. the quarter was neat but Tropicana's casino was crap and the restaurants worthless. free up development on the boardwalk for hotels and non-chain development. you're pulling in people from Philly and NY, two places where food and nightlife quality are relatively high.
Last edited by eldondre; 01-31-2010 at 03:50 PM.
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