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Courtesy of Thomas Hart Shelby
The Cosmopolitan’s rooms will be marketed as a resort hotel with added perks typical of condominiums.
Thursday, Dec. 2, 2010 | 2:15 a.m.
Sun Coverage
- Cosmopolitan launches six-part video series ahead of Las Vegas opening (11-30-10)
- Cosmopolitan chief reveals more details about new resort (10-28-10)
- Cosmopolitan's jarring ad aimed at the 'curious class' (10-22-10)
- Cosmopolitan to fill thousands of openings with virtual job fair (9-28-10)
- Cosmopolitan CEO plans to steal customers from Strip competitors (8-22-10)
A night of New Year’s Eve partying at a Las Vegas Strip resort can be pricey, but ringing in the new year at the Cosmopolitan of Las Vegas could cost you a small fortune.
The soon-to-open resort released details this week of its exclusive (and expensive) New Year’s Eve package, which comes with a whopping $5,600 price tag. Cosmopolitan boasts that the package includes an elbow rub with the stars as the resort celebrates its grand opening and ushers in 2011.
The $5,600 price tag will get you three nights, Dec. 30 through Jan. 1, in one of Cosmopolitan’s standard hotel rooms (one layout has a balcony, one doesn’t), admission to the opening of Marquee nightclub, two tickets to the invitation-only Coldplay/Jay-Z concert and a $300 food and beverage credit for dinner for two on New Year’s Eve, with brunch the next day.
Few Las Vegas resorts are offering similar packages for New Year’s Eve, but even an a la carte menu of some of the best features at some of the best Las Vegas hotels doesn’t come close in price to Cosmopolitan’s New Year’s Eve experience. But as Cosmopolitan has proclaimed, “It's not for everyone.”
At Aria, three nights in a standard room, two of the best seats at “Viva Elvis,” admission for two to Haze nightclub and a four-course dinner at Union steakhouse would cost a guest about $2,080.
Three nights at Bellagio with two of the priciest tickets to “O,” admission for two at Bank nightclub and a four-course meal would be about $2,400.
At Wynn Las Vegas, a three-night stay over New Year’s Eve weekend runs about $1,500. Add in two VIP tickets to "Le Reve," admission for two to Surrender nightclub and a three-course prix fixe meal at Alex, and the cost totals more than $2,100.
Palms is one of the only other hotels running a New Year’s Eve package, starting at $850 for two nights and including two tickets to its Thirty Seconds to Mars concert and four drinks. Tickets for two to Moon cost an additional $250 each.
Palazzo's “Prestige Suite” package for three nights is about $1,700 for New Year’s Eve weekend. The package includes limo pick-up at the airport, a champagne check in, breakfast each morning, access to the spa and a daily cocktail reception. For another $200 apiece, add admission to Tao nightclub next door at the Venetian — Kim Kardashian sighting included.
So basically empty?
Are they kidding? Seems like the "suits" in the back offices have not learned their lesson. Gouging visitors under the guise it's "New Years Eve" is a clear indication the "suits" are still as clueless, stupid and greedy as ever! If I were thinking of coming to "Lost Wages," I would wait until January 2 when the room prices will be down to about 20 bucks again. These guys are white-collar criminals, as far as I am concerned!
"elbow rub with stars"...laughable.
Are people that superficial that they need that?
Cosmopolitan is run by Deutsche Bank, and the morons in the banking industry are still claiming that houses here are worth the same that they were in 2006 so that their balance sheets don't crumble. Stands to reason they'd assume the same with hotel room rates.
Lets see... 1 room, $5600.. If I get a bunch of friends together at around say... 560 bucks each... that puts me at 10 people in one room. I can dig it!.. LOL!
from what i've seen, there's a whole bunch of positions that are still being posted daily. it seems to me that if you are opening in the next 2 weeks, most all positions should have been filled, and scheduled for training and orientation.
it does make you wonder if the Cosmo is taking the "fake it til you make it" approach.
looks like they're buying there way into the market. maybe NYE will provide a illusion of profitability so Deutsche Bank can sell this property.
They didn't mention its actually 5,600 pesos not dollars.
i agree with all these comments very educated i would like to see who is stupid enough to pay that when people come here they dont stay in the room very much jan.2nd 20 bucks is about right just another hotel that will sruggle in another month how many will they layoff after one month just like city center did is that why all positions are on call varied on website
If they get it, this will be the only time they do. To new hires, good luck.
The Cosmopolitan is designed for the well-off crowd, and this is history in the making. The bank owners have been generous with Las Vegas in completing and opening this hotel/casino during the worst of times. I wish them well and hope they are full from the day they open until prosperity returns to Las Vegas. The next big hotel to open could turn out to be the Fountainbleu in about the year 2025. Nothing would please me more than seeing the Cosmopolitan actually turn a nice profit it's first month in operation.
The Cosmopolitan was not built for 99.9% of the people that post here at the Sun.
They know their market and will do just fine with it.
Seems that some people think you spend billions of dollars to open a high end Hotel then you should have nickel slots and $20 rooms to pay the bills.
I guess that is why many are posting here and not out running multi-billion dollar companies. ;-)
Just because you can not afford something does not mean there is not a market for it.
""For another $200 apiece, add admission to Tao nightclub next door at the Venetian -- Kim Kardashian sighting included."" - Wow,that's a bargain .... umm,no.
When Wynn and Bellagio are less than half the cost for New Years than Cosmo...one has to question who they are catering too.
Pricing seems out of whack. Recession hit big spenders too. Ask Murren and Wynn. Don't make it sound like there is a market for this pricing. If there was Steve"plastic man" Wynn would be at the head of the line.
The expensive part is the grand opening at Marquee, since it will be literally impossible for anyone else without an invitation to get in. A lot of people would love to do that and literally rub elbows and party with many of the big names in Hollywood.
For $5600-they'd better throw in a few hookers & a pound of weed.
For $5600-they'd better throw in a few hookers & a pound of weed.
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and some "dome" if you know what I mean. LOL :-P
What crack head is going to pay that? I would love to place a bet in a sportsbook that this hotel will not sell out that package.
You've gotta be kidding: a freaking baggy-pants ghetto RAP group??? Hello????? I wonder how many of their "target market" that will appeal to.
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Um, have you seen what rappers wear these days? Skinny jeans (which they sag) and oversized purple shirts. Sort of like the new "skater" look. I wouldn't go far as to call them rappers. More like Techno Music vocalist. Atleast thats what I think. LOL
but all 10 wouldn't be able to elbow rub with Jay-Z, oh the horror!
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If I'd have to "rub elbows" with him, I better get a REFUND! LOL
While I would be quick to agree with an earlier poster that this place was not built for 99.9% of the people that post here, eventually they will be marketing to us. There just are not that many people willing to pay $300 a night for all the $300 a night rooms now in Vegas. I'm anything but a big spender and I get offers a couple of times a week from these places for rooms at 1/3 that price.
How well I remember 1999/2000, I was in Vegas. They tried to do the same thing New Years in Vegas, room rate 1500.00 for the stay they had to drop their pants when the time arrived no foolish takers. Will the top boys every learn YOU CAN NOT always rip pepole off, You will never come out a head. You reap what you sow
I'm not an accountant, but maybe they're planning on comping out this package, and set the price high to get tax advantages.
Or, maybe they have a list of prospective high-rollers and want to start them off with a nice, high/over-priced comp.
Seems to me this is like Steve W. charging what he does for the Garth Brooks show, there are hidden advantages to the high price.
Why not set the bar high? Some suckers might actually pay real money for the package. Vegas is all about fleecing the suckers, whether it's in the casino, the restaurants, the theaters, the bedroom, or the real estate market.
It seems that Vegas has evolved to match society at large; those who "have" and those who "have not". Those who "have" will pay for the luxury hotel, eat in the executive chef restaurants, gamble in the high limit rooms and shop at Crystals. The "have nots" will seek out the more affordable places, eat at the buffets and play the penny slot machines. Both get their needs and desires met, just in different ways.
Great example of what growing wealth inequality in the US really means.
For the vast majority of people in the US, $5,600 for a three night stay is unthinkable. There are hundreds of thousands of people, however, for whom that sort of money is truly insignificant.
Something to think about the next time you hear Republicans pushing for further tax breaks for the affluent.
Well....I hope they sell it out. Just don't be looking for me around there. We'll check it out next time we're in Las Vegas, But will walk over from our room at the IP to do so. I have absolutely no problem with those who can afford it (or are willing to do so) spending whatever they want on a trip to L.V. and high end accommodations, After all, it is their money keeping the places open so the rest of us can come over and have a nice trip with little cost. I agree with Jerry, I'll come over mid week and get a room for 3 nights at the IP for less than the cost of one dinner at the Cosmo! We'll do most of our dining at some of the great local LV restaurants away from the casinos.
Bakersfield --The IP? Is the YMCA booked up? Well, at least you can watch the bedbugs dance for low cost entertainment!!
I'll be going to bed early,...more fun and much cheaper
And they still charge a $24.99 per night Resort Fee on top of that.
Good point " vegaslee "... most on here will be at the Riviera or Circus Circus claiming it's just as good . Once a single wide always a single wide
logic, Never had any problem with bed bugs at IP. It seems so many people equate inexpensive accommodations with bed bugs. The IP is a great location, Center Strip, close to everything, and it is clean.`I've never set foot in a YMCA.
And one more thing, Who the heck is Kim Kardashian? Years ago we had a "sighting" of Don King at the MGM!!
$5600.00 and its not even a 1-Star or a 1-Diamond Hotel!
$5600 is a celebrity price charge for this package, so if YOU wanna pay that extorted -I mean exorborant price, you can be a celebrity too (just a celebrity that will be $5600 poorer than the day before).
At a 3.9 Billion dollar price tag, thats a lotta monero for a two tower property with limited perks to go with it...Makes the 1.8 Billion dollar Bellagio next door with all that property has to offer seem like a bargain benny comparison when that was built.... While Mandalay Bay is practically 90 percent like Bellagio with only 60 percent of the cost when it was built, a screaming deal !!!
At least Cosmo is stepping up in the right direction to attract everyone on their property with an underground parking garage and a 72 lane bowling alley that I will definately check out and knock some pins around !
Here's what I paid for rubbing elbows with the stars of the past ....
Snoop Dogg acknowledged me while crossing paths between Paris and Ballys when he was celebrating his birthday with his wife in a quieter forum...Price: $0.00
Carrot Top talked with me for 5 minutes at the airport...Price: $0.00
Seeing former Porn Star Buck Adams working the craps table at The Frontier and working the roulette table at Terribles... Price: $0.00 (but something tells me I probably paid too much for noticing)
NHRA Top Fuel drivers Larry Dixon and Gary Scelzi with their wives acknowleged me while crossing paths at The Mirage...Price $0.00
In the Lake Tahoe days.... Tony Bennett sketching Disney Characters for me, being babysat by Bobby Von and Elaine Joyce for a week, Sammy Davis Jr shaking my hand backstage AND watched his show from the catwalk, listening to Tiny Tim rave about how expensive a taxi was while he was bumming a ride to rehearsal, witnessing Buddy Hackett demanding a new waiter to be fired when he asked the guy where a good place was to eat and the waiter says 'Harveys' -as he just started working at the Sahara...Price for all this: $0.00
I know this kinda looks like a Gossip Norm column, but I am making a point about this cheesy approach to try and sell out some $5600 3 night package that promises you rubbing elbows with the stars -what they so call 'celebrities' of today.
No matter what, you still cannot touch the good ol' days when Las Vegas was real fun in the past as the small sized resorts of yesteryear were good enough establishments..... didn't cost you a dime when the entertainers and celebrities actually rubbed more than just elbows with everyone ...day in and night out !
Thanks for the report. My time and money will be at the Wynn.
Elbow rub celebs.....yeah, if you need that, you have issues.
Glad the Cosmo picked a foul mouth woman bashing loser to rap in the New Year and the property. Stay classy Cosmo.
Even $2000 for 3 nights at any of the "upscale" hotels on the strip is ridiculous. These packages are obviously for people with more money than brains. You couldn't get me to "rub elbows" with some of these so-called celebrities if you paid me the $5600!
Invitation accepted just this once.
I'll take 5 of them there room packages.One for me of course.rhpobbar,you practically invited yourself,you can go.Bakersfield,it's a tossup between you and Borris.You both seem like nice deserving guys,and could both use an upgrade.You can use a well deserved break Bake,and I think Borris only chooses the value plus route so he has a little extra to gamble,but I bet he could afford 5 of these Cosmo superpacs.kelly456,you get one for proudly revealing the most likely reality for most people here.I know I will feel like I got my moneys worth if I let Juan and all his friends go.Put that all on my credit card there.Ya,the one that I also put my funeral services on.Hey,you know what,I really don't see a reason ya'll cant go!
AV is incorrect if he/she is saying the Cosmopolitan is charging $24.99 per night resort fee. There is no resort fee at the Cosmo as of right now.
So,$5600 is the rate for any room,and you have to stay 3 nites? I seriously doubt very many people are going to drop that kind of loot (but what do i know).And,$300 in dinner / drink credit isn't going to go far here,either.
if it's an independent company and not within the MGM company, I will go and sign-up for my players card. Perhaps they get me a T-Shirt or perhaps a 2-for 1 for the buffet after playing 100 points?
From Switzerland
Jeez,Mr. Wynn only wants $475 a night. $1900 a night-I don't think so.
Laughable for a BANK OWNED property.