Paris hotels, including the Versailles Tower at Paris, are expected to increase room prices for the 2024 Olympics. The Fontainebleau hotel's marketing strategy has led to a surplus of rooms, causing a more-supply-than-demand issue. The newly remodeled Versailles Tower offers some of the largest standard rooms on the Strip.
This is going to make staying at WSOP more expensive in 2024. Versailles Tower at Paris is a converted Horseshoe tower. Huge chunk of cheap, on-property rooms from 2023 will be much more expensive now. https://t.co/bhr1g3pqlq
This is going to make staying at WSOP more expensive in 2024. Huge chunk of cheap, on-property rooms from 2023 will be much more expensive now. https://t.co/bhr1g3pqlq
Here's a look at the newly remodeled "Versailles Tower" guestrooms at Paris. They're some of the largest standard rooms on the Strip according to Caesars, and a few have 55-square-foot balconies. https://t.co/yRocHPBh7w
Paris hotels surge prices for 2024 Olympics opening days https://t.co/yTOaqCmluV https://t.co/waEatr2ncZ
Rumor is Fontainebleau is currently using fewer than 400 of its 3,600 rooms. The “big reveal” marketing strategy got them 72 hours of buzz—painful miscalculation. It’s a traditionally slow period in Vegas, but the more-supply-than-demand issue is going to persist.