It cited its competition for charging parking fees resulting in people coming to its property to park for free. The Cosmopolitan announced it will start charging for valet parking on April 18 and do the same for self-parking on May 16. The seven are: Caesars Palace Las Vegas, Harrah’s Las Vegas, Bally’s Las Vegas, Flamingo Las Vegas, The Cromwell, The LINQ and Paris Las Vegas. Fees will be implemented at two more properties on April 17.
Now that MGM announced it’s increasing fees, effective Wednesday, analysts said that’s a good indication that paying for parking hasn’t discouraged people from coming into their properties over the past year.Ĭaesars Entertainment implemented fees for self-parking in March at five of its Strip properties after launching fees for valet parking at seven of its properties earlier this year. Marsh Starks / UNLV Photo Services)Ī year after MGM Resorts International introduced parking fees at most of its properties on the Strip, most casinos have followed that lead, at least in part. Stephen Miller, professor of Economics on July 8, 2015.
