Casino Hotels - International - April 2009
This report reviews recent developments in the casino hotel sector and offers insights into future trends for the industry. Following an overview of some macroeconomic trends (including the outlook for spending on travel and tourism), the report proceeds to review developments in the major casino destinations, including Atlantic City, Las Vegas and Macao. The following section deals with some of the specific characteristics of casino hotels, as compared to other types of lodging properties. In particular, casino hotel revenue management is explored. The next section consists of a review of the profiles and latest developments of the major US casino hotel operators, such as Harrah’s, Sands (Las Vegas Sands Corp), MGM Mirage, Wynn Resorts and some smaller European-based operators, including Lucien Barrière and the Société des Bains de Mer of Monaco. The final section summarises the outlook for the future of the sector.
While the scope of this report is international, it does not pretend to be comprehensive. Coverage is limited to major dedicated gaming hotels, for the most part, operated by the principal chains specialising in the gaming segment of the hospitality industry.
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