I've just finished reading an article on Steve Wynn's latest hotel development - Encore - and how he's having to hold bottom end prices at a loss-making $148 in order to establish the place in these difficult times. The article then goes on to suggest that this is forcing down prices at other top end hotels, meaning that there are bargains to be had.
My first question therefore is: is this an accurate picture?
Secondly, presuming there is some truth to the story, where would you choose to stay - within reason of course.
And finally, could someone perhaps offer a beginners' guide to the relative benefits of staying on "The Strip" and downtown. I quite like the idea of old "Rat Pack" Las Vegas (Golden Nugget?) but the comfort of a strip resort also appeals.
The idea would be to explore LV for a couple of days and then use it as a base for a series of day trips.
This is all very tentative at the moment but a week at the end of March might just be a remote possibility (and posting it on here somehow makes it slightly more possible).