Las Vegas: Cosmopolitan hotel to drop parking fees. Will others follow?

The Cosmopolitan, a chic high-rise hotel on the Las Vegas Strip, is eliminating parking fees for hotel guests.

The new policy, which begins Jan. 1, follows a similar move in July by Wynn and Encore resorts.

The hotels are bucking the trend of paid parking in Las Vegas which, when combined with hefty nightly resort fees, has sparked concerns that some visitors might stay away or make fewer trips to Las Vegas.

The Cosmopolitan said parking will now be included in its resort fee. The resort fee is increasing, as previously announced, from $35 to $39 a night plus tax. That puts Cosmopolitan at the higher end of resorts fees on The Strip, in line with luxe resorts Bellagio, Aria, Wynn and Encore. Venetian and Palazzo, sister resorts at the north end of The Strip, top the list with nightly resort fees of $45 a night plus tax.

MORE: Las Vegas resort fees; How a $25 room becomes a $65 room

Cosmopolitan hotel guests with a car will still save money as Cosmopolitan’s parking charges are $10 for overnight self parking and $18 for valet parking on top of the resort fee.

Free parking was a hallmark of Las Vegas until 2016, when casino hotel giant MGM Resorts International announced plans to start charging for parking. Rival Caesars Entertainment Corp., which together with MGM dominates The Strip, joined the parking fee parade.

The chains’ parking fees have gone up since, most recently earlier this year.

The Palms Casino Resort, which is finishing a major renovation, has said parking will remain free.

Source: Read Full Article