That quote sums up the prospects for Las Vegas with City Center and the State of Nevada and more new rooms opening Dec 16.
Dubai, Macau, and Las Vegas have all made gigantic bets on tourism, the latter two depending on gambling. Dubai and Vegas are playing pretend it seems to me, they have built 'downtowns but there is no real business to occupy the buildings, no on produces anything, it just 'feels like a city.'
An amazing evaluation of our times. The Cowboys football stadium is in the same league, but at least it is surrounded by an economy that does produce something. Can all these destinations continue to draw in visitors until the economy improves and pay on their notes?
Well I think it is kind of crazy to be building these building especially in this type of economy. Vegas say drops of about 2 million visitors and well expect the same or less this upcoming year. Is they say it is best for the city then I do believe it is. Except I do believe that it will take time to see the impact that this will make.
Posted by: Daniel Martinez- Monday night class | November 30, 2009 at 05:56 PM