Quote:
Originally Posted by dcmidnight
I dont think anyone doubts MGMs ability to generate revenue. MGM Corporate invests in this because they have seen how many millions they have made off parking revenue in Las Vegas. So I think its pretty natural they would want to start charging for parking as soon as possible.
When their initial financial report came out after the first year of having parking fees in Vegas, IIRC MGM reported a 20% increase in revenues in the particular category that included parking. At the time the attributed that primarily to parking fees. As soon as they could, they increased the rates and decreased the hours that it covered.
Not saying that it will happen here - just providing some historical context.
Oh and once MGM shows how much revenue they can make off parking, I'd be stunned if MDL didnt start charging for their garage. Almost 5,000 parking spaces that they could make....$10 a day or so off of. Sure some people can park at the mall. But not all of them.
Parking Fee to me is like Eight Dollar Hot Dogs at the Ball Park or Hundred Dollar Plywood when a Hurricane is coming.
It's just so Money Grubby and slimy.
We are after all going to a Casino to drop Loads of Cash. Is it really necessary to pinch another 5-10-20 bucks at the garage; Dollars that will likely land in the Casino Cash Cage in any case.
Cheapens the experience by paying to park.
Why not go all out and put pay stalls in the Bathrooms and charge an admission fee to enter the casino floor?
Just as ridiculous as paying for parking at a Casino, and MGM can catch some more duckets from all the Ubers & others who are not Parking a Car.