The U.S. economy hasn’t recovered enough for people to come here and blow huge budgets on travel,” said Mary Riddel, a UNLV economist and the center’s interim director. “Rather than CityCenter boosting the local economy … we think it will be at the expense of other properties. This is increased competition and when competition increases, you lower your prices.
–Report: CityCenter may drive Vegas room discounting trend - Las Vegas Sun
[The glass is half empty]
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POSTED Thursday December 17th