Cosmopolitan of Las Vegas

[vegasnut]

A brand new vegas hotel and casino opened Wednesday the 2,995-room Cosmopolitan!

The Cosmpolitan was one of the last hotels approved before the economy went south...some believe they may be in for a struggle.

The Cosmpolitan has some nice features not offered at most hotels and casino's like

The Cosmopolitan's insides are designed to make people gawk. Video-screen columns cycling moving art greet visitors in the lobby. Across the resort, guests can sip cocktails inside a three-story chandelier. And its 13 restaurants (including an unmarked pizza joint) will offer world-class cuisine to please any New York foodie. But the Cosmopolitan's biggest trump on the competition might be its rooms, most of which offer spacious terraces with incomparable views of Las Vegas. Most were planned as condominiums — big and with kitchenettes.

Sounds like another place I need to put on my list to visit next time I am in Vegas

Full story here "Stylish Cosmopolitan in Las Vegas"

[vegasrocks]

Ya know when I first read that they were preparing for their grand opening my first thought was.... are they crazy??? In this economy! I really think that they may be in for a rough road because although the economy seems to be getting slightly better, it's certainly not good enough to be opening a new business.



What might help them out is simply because it is new and a bit different. they may get enough curious patrons to get them going. They sure better hope they do anyhow.

How in the heck can they expect to fill 3,000 rooms right now? Highly doubt that will happen.

The location is another plus on their side seeing as it sits between the Bellagio and CityCenter.

The room's terraces will be attractive to people. I guess you can see the Bellagio's fountains from them.

Such free-spending guests have, of course, become harder to find in the wake of the global financial crisis that brought some casino operators to the brink of bankruptcy, including the Cosmopolitan's original developer.

Trends in Las Vegas have been improving -- Strip casinos won $495 million from gamblers in October, up 16 percent from a year earlier -- but hotel room rates and visitor levels have yet to return to their 2007 peaks.

I love the fact that they have gone a little outside of the box with this place but if I had money invested, I'd be a little concerned.