Brief: Venetian pre-booking rooms at $167 per day
Thursday, Oct. 22, 1998 | 11:50 a.m.
He told investors at a high-yield debt conference sponsored by Goldman Sachs in New York that the bookings "have been secured at our projected rate" -- $167 per day -- "without a formal retail consumer marketing campaign."
Brad Stone, Venetian executive vice president, said a rise in Las Vegas-area room and food-and-beverage revenue during the 1998 first half "reinforces" the Venetian's business plan, which calls for targeting conventioneers accustomed to spending more on such amenities in other cities.
"Conversely, the primary decreases have been seen in the area of baccarat, which is not a material part of our business strategy," he said.
archive
Most Popular
- Viewed
- Discussed
- E-mailed
- Photos: J.Lo, Marc Anthony and Jamie King celebrate ‘The Chosen’ at Mandalay
- Two dead after being hit near Las Vegas Outlet Center
- Photos: Ice-T and Coco party at Venus Pool Club and host at LAX
- Entering debut at Tryst, Nick Hissom is a model for a rapid rise to prominence
- Dario Franchitti wins the 96th Indianapolis 500






Facebook Connect