Las Vegas's $3.7B Fontainebleau DISASTER - Empty Floors & Shocking Pricing Scandals
- Thread starter DerekJohnson
- Start date
priapism
Active poster
I live in Vegas. I've noticed since it was finished that the bottom 1/3 of the floors rarely have their room lights on...only the top 2/3s of the big tower seem to be in use, so they've likely had high vacancy rates since inception. They lease the brand name "Fountainebleau" for a ridiculous amount and nobody even knows how to spell it off-hand. I've heard the naming rights cost over $12-18 million/year. They need to change and simplify the name.
Most all hotels can't get above a 4 star rating, if the hotel tower has 500 or more rooms. So the era of huge, bulky "luxury" hotel towers is over. "Luxury" hotels now try to build multiple towers with up to 500 rooms each as a limit, then name each tower as a different hotel brand - Resorts World is attempting this and plans multiple, smaller towers with different hotel brands for each one. The reason nobody wanted to finish the Fontainebleau building for 12 years, is because they knew it could never obtain a luxury hotel status, since it would never be able to attain high ratings with their 4000+ rooms.
They need Circus Circus across the street to be torn down and rebuilt. It makes the local neighborhood area too ghetto. Fontainebleau has a huge parking garage, yet they charge $25 for parking. The Strip needs a 4.5 mile long subway to the airport...parking for $25 at each resort you try to visit feels like a cash-grab after a while. The executives at the hotel are wasteful with money and built an outdated, bulky white elephant of a "luxury" hotel.
Most all hotels can't get above a 4 star rating, if the hotel tower has 500 or more rooms. So the era of huge, bulky "luxury" hotel towers is over. "Luxury" hotels now try to build multiple towers with up to 500 rooms each as a limit, then name each tower as a different hotel brand - Resorts World is attempting this and plans multiple, smaller towers with different hotel brands for each one. The reason nobody wanted to finish the Fontainebleau building for 12 years, is because they knew it could never obtain a luxury hotel status, since it would never be able to attain high ratings with their 4000+ rooms.
They need Circus Circus across the street to be torn down and rebuilt. It makes the local neighborhood area too ghetto. Fontainebleau has a huge parking garage, yet they charge $25 for parking. The Strip needs a 4.5 mile long subway to the airport...parking for $25 at each resort you try to visit feels like a cash-grab after a while. The executives at the hotel are wasteful with money and built an outdated, bulky white elephant of a "luxury" hotel.
Stayed at the Fountanblue (sp) in Miami Beach for the Orange Bowl in 84-85
Also a Neil Young song
Also a Neil Young song
Chinteresting video.
