Fee Hike Announced For Three Caesars Las Vegas Casino Resorts

Fee Hike Announced For Three Caesars Las Vegas Casino Resorts

Resorts fee has been increased at three of Caesars Entertainment’s Las Vegas casino resorts. The gambling operator has announced a fee hike of up to $51.02 per night. The fees earlier were a maximum of $44.21.

The resort fees at the Rio All-Suite Hotel and Casino will be increased from $36.28 to $39.68. Caesars has already announced the sale of the Rio Casino property. Earlier this week, the Federal Trade Commission (FTC) has green signaled the sale of the casino property to Imperial Companies, a New York-based real estate company.

While the casino is sold, according to the purchase deal, Caesars will continue to operate the gambling venue for two years. However, Caesars would pay $45 million in rent for the first two years and if it wishes to continue to operate the property for the third year, the annual rent would be $7 million.

The gambling operator has said that the fee hike is aimed at bringing the resort fees to match the charges at the competitor’s properties. The fee hike is said to come into effect by mid-October.

At the Caesars Palace and Nobu Hotel Caesars Palace resort fee packages will increase up to $51.02 per night. The revised fee will be inclusive of tax and is scheduled to take over from mid-October.

At present, the resort fees at Caesars Palace and Nobu Hotel Caesars Palace are $44.21 per night, inclusive of tax.
Caesars confirmed in an official statement that the resort fees at its other properties will remain as it is, also, Caesars Rewards Diamond and Seven Star guests are not to pay the resort fees.

Caesars resorts package includes access for two daily passes to the property’s fitness center, in-room internet access for two devices, and all local phone calls.

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