{"id":157685,"date":"2020-12-07T21:47:53","date_gmt":"2020-12-08T05:47:53","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=157685"},"modified":"2020-12-08T10:48:34","modified_gmt":"2020-12-08T18:48:34","slug":"palazzo-latest-las-vegas-resort-to-close-hotel-tower-during-tourism-slump","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/palazzo-latest-las-vegas-resort-to-close-hotel-tower-during-tourism-slump\/","title":{"rendered":"Palazzo Latest Las Vegas Resort to Close Hotel Tower During Tourism Slump"},"content":{"rendered":"<p class=\"p2\">The Palazzo at the Venetian Resort is the latest property on the Las Vegas Strip to temporarily close its hotel rooms because of low consumer demand.<\/p>\n<figure id=\"attachment_157686\" aria-describedby=\"caption-attachment-157686\" data-style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-157686\" src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/12\/Palazzo-142x80.jpeg\" alt=\"Palazzo\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/12\/Palazzo-142x80.jpeg 142w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/12\/Palazzo-1024x576.jpeg 1024w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/12\/Palazzo-768x432.jpeg 768w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/12\/Palazzo.jpeg 1280w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><figcaption  id=\"caption-attachment-157686\"class=\"text-description\">The Palazzo, left, towers over the Las Vegas Strip. The resort has joined other properties in temporarily shuttering its hotel rooms because of the slowdown in tourism. (Image: <em>KTNV-TV<\/em>)<\/figcaption><\/figure>\n<p class=\"p2\">Effective immediately, the Palazzo tower suites will be closed every day of the week. This shutdown is occurring to \u201cbetter reflect occupancy patterns,\u201d a Las Vegas Sands Corp. spokesperson told the <em>Las Vegas Review-Journal<\/em>. The hotel stopped accepting weekday reservations in July. <span class=\"Apple-converted-space\">\u00a0 \u00a0<\/span><\/p>\n<p class=\"p2\">The casino at the resort will remain open, with a limited number of table games and \u201cminor adjustments to operating hours,\u201d according to the media outlet. Restaurants, bars, and shops also will remain open.<\/p>\n<p class=\"p2\">The Venetian Resort is not expected to make changes in its operations, the Review-Journal reported.<\/p>\n<p class=\"p2\">The Venetian and Palazzo are on the east side of the Strip, where the Sands hotel-casino once stood. The Sands was <a href=\"https:\/\/www.casino.org\/news\/las-vegas-casinos-can-restore-magic-of-earlier-era-by-reconnecting-with-customers-gaming-expert\/\">famous for the big-name entertainers<\/a>, including<span class=\"Apple-converted-space\">\u00a0 <\/span>Frank Sinatra and Sammy Davis Jr., who performed in its marquee Copa Room. The Sands was demolished in 1996 to make way for the Venetian and Palazzo.<\/p>\n<h2 class=\"p2\">Midweek Doldrums<\/h2>\n<p class=\"p2\">With a slump in tourism since the onset of the coronavirus pandemic in March, several large resorts on the Strip have closed their hotel towers during the middle of the week. These include the Mandalay Bay, Park MGM, and Mirage.<\/p>\n<p class=\"p2\">The Encore at Wynn Las Vegas closed its hotel and gaming areas on Tuesdays and Wednesdays because of low demand. This property also is on the Strip.<\/p>\n<p class=\"p2\">Some resorts have turned to strategies, such as <a href=\"https:\/\/www.casino.org\/news\/las-vegas-hotel-room-rates-plunge-to-ominous-low-levels-casino-expert\/\">lower room rates<\/a>, to attract customers.<\/p>\n<div class=\"callout\">\n<p class=\"p2\">A falloff in conventions and large events is hurting midweek hotel occupancy rates, according to gaming experts. These events are seen as helpful in filling up hotel rooms during the weekdays.<\/p>\n<\/div>\n<p class=\"p2\">Convention business is down nearly 70 percent this year, according to the Las Vegas Convention and Visitors Authority. The midweek occupancy rate on the Strip is just 38.6 percent. On the weekends, the rate is 64.2 percent.<\/p>\n<h2 class=\"p2\">Airport Traffic Declines<\/h2>\n<p class=\"p2\">The slowdown in tourism is showing up in the number of departures and arrivals at Southern Nevada&#8217;s McCarran International Airport.<\/p>\n<div class=\"callout\">\n<p class=\"p2\">In October 2020, 2.6 million fewer travelers used the airport than in the previous October. This October, 1.98 million airline passengers made their way through the airport, compared to 4.6 million the previous year. This represents a decline of 57 percent.<\/p>\n<\/div>\n<p class=\"p2\">The October figures are the latest available from the Clark County Department of Aviation.<\/p>\n<p class=\"p3\">Gaming historian David G. Schwartz told\u00a0<em>Casino.org<\/em><i> <\/i>that tourism numbers will pick back up once the public feels safe regarding the pandemic.<\/p>\n<p class=\"p3\">\u201cPeople are going to want to travel to Las Vegas,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Palazzo at the Venetian Resort is the latest property on the Las Vegas Strip to temporarily close its hotel rooms because of low consumer demand. Effective immediately, the Palazzo tower suites will be closed every day of the week. This shutdown is occurring to \u201cbetter reflect occupancy patterns,\u201d a Las Vegas Sands Corp. spokesperson [&hellip;]<\/p>\n","protected":false},"author":55,"featured_media":157686,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Palazzo Latest Las Vegas Resort to Close Hotel Tower During Tourism Slump - Casino.org Palazzo Latest Las Vegas Resort to Close Hotel Tower During Tourism Slump<\/title>\n<meta name=\"description\" content=\"The Palazzo at the Venetian Resort is the latest property on the Las Vegas Strip to temporarily close its hotel rooms because of low consumer demand. The Palazzo at the Venetian Resort is temporarily closing its tower suites on the Las Vegas Strip because of low conusmer demand.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/palazzo-latest-las-vegas-resort-to-close-hotel-tower-during-tourism-slump\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Palazzo Latest Las Vegas Resort to Close Hotel Tower During Tourism Slump - Casino.org Palazzo Latest Las Vegas Resort to Close Hotel Tower During Tourism Slump\" \/>\n<meta property=\"og:description\" content=\"The Palazzo at the Venetian Resort is the latest property on the Las Vegas Strip to temporarily close its hotel rooms because of low consumer demand. The Palazzo at the Venetian Resort is temporarily closing its tower suites on the Las Vegas Strip because of low conusmer demand.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/palazzo-latest-las-vegas-resort-to-close-hotel-tower-during-tourism-slump\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-08T05:47:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-12-08T18:48:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/12\/Palazzo.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Larry Henry\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Larry Henry\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/palazzo-latest-las-vegas-resort-to-close-hotel-tower-during-tourism-slump\/\",\"url\":\"https:\/\/www.casino.org\/news\/palazzo-latest-las-vegas-resort-to-close-hotel-tower-during-tourism-slump\/\",\"name\":\"Palazzo Latest Las Vegas Resort to Close Hotel Tower During Tourism Slump - Casino.org Palazzo Latest Las Vegas Resort to Close Hotel Tower During Tourism Slump\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/palazzo-latest-las-vegas-resort-to-close-hotel-tower-during-tourism-slump\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/palazzo-latest-las-vegas-resort-to-close-hotel-tower-during-tourism-slump\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/12\/Palazzo.jpeg\",\"datePublished\":\"2020-12-08T05:47:53+00:00\",\"dateModified\":\"2020-12-08T18:48:34+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8b29707270b397c572e9fd8f0fb72952\"},\"description\":\"The Palazzo at the Venetian Resort is the latest property on the Las Vegas Strip to temporarily close its hotel rooms because of low consumer demand. The Palazzo at the Venetian Resort is temporarily closing its tower suites on the Las Vegas Strip because of low conusmer demand.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/palazzo-latest-las-vegas-resort-to-close-hotel-tower-during-tourism-slump\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/palazzo-latest-las-vegas-resort-to-close-hotel-tower-during-tourism-slump\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/palazzo-latest-las-vegas-resort-to-close-hotel-tower-during-tourism-slump\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/12\/Palazzo.jpeg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/12\/Palazzo.jpeg\",\"width\":1280,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/palazzo-latest-las-vegas-resort-to-close-hotel-tower-during-tourism-slump\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Commercial Gaming\",\"item\":\"https:\/\/www.casino.org\/news\/commercial-gaming\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Live Casinos\",\"item\":\"https:\/\/www.casino.org\/news\/commercial-gaming\/live-casinos\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Palazzo Latest Las Vegas Resort to Close Hotel Tower During Tourism Slump\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8b29707270b397c572e9fd8f0fb72952\",\"name\":\"Larry Henry\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/02\/Larry-Henry-bio-headshot-96x96.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/02\/Larry-Henry-bio-headshot-96x96.jpg\",\"caption\":\"Larry Henry\"},\"description\":\"Gaming Regulation, Crime, Politics \u2014 Larry Henry is a veteran print and broadcast journalist who spent more than 16 years in Nevada, including serving as legislative reporter for the Reno Gazette-Journal and as political editor at the Las Vegas Sun. He's also written about popular culture for the Mob Museum in Las Vegas. As a broadcast journalist, he worked as managing editor at KFSM-TV, the CBS affiliate in Arkansas, where he now lives and where casino growth is a hot topic. A Marine Corps veteran and LSU graduate, he is also an avid movie fan, especially of classic film noir from the 1940s and \u201950s.\",\"url\":\"https:\/\/www.casino.org\/news\/author\/larry-henry\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Palazzo Latest Las Vegas Resort to Close Hotel Tower During Tourism Slump - Casino.org Palazzo Latest Las Vegas Resort to Close Hotel Tower During Tourism Slump","description":"The Palazzo at the Venetian Resort is the latest property on the Las Vegas Strip to temporarily close its hotel rooms because of low consumer demand. The Palazzo at the Venetian Resort is temporarily closing its tower suites on the Las Vegas Strip because of low conusmer demand.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.casino.org\/news\/palazzo-latest-las-vegas-resort-to-close-hotel-tower-during-tourism-slump\/","og_locale":"en_US","og_type":"article","og_title":"Palazzo Latest Las Vegas Resort to Close Hotel Tower During Tourism Slump - Casino.org Palazzo Latest Las Vegas Resort to Close Hotel Tower During Tourism Slump","og_description":"The Palazzo at the Venetian Resort is the latest property on the Las Vegas Strip to temporarily close its hotel rooms because of low consumer demand. The Palazzo at the Venetian Resort is temporarily closing its tower suites on the Las Vegas Strip because of low conusmer demand.","og_url":"https:\/\/www.casino.org\/news\/palazzo-latest-las-vegas-resort-to-close-hotel-tower-during-tourism-slump\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2020-12-08T05:47:53+00:00","article_modified_time":"2020-12-08T18:48:34+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/12\/Palazzo.jpeg","type":"image\/jpeg"}],"author":"Larry Henry","twitter_card":"summary_large_image","twitter_creator":"@Casino_Org","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Larry Henry","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/palazzo-latest-las-vegas-resort-to-close-hotel-tower-during-tourism-slump\/","url":"https:\/\/www.casino.org\/news\/palazzo-latest-las-vegas-resort-to-close-hotel-tower-during-tourism-slump\/","name":"Palazzo Latest Las Vegas Resort to Close Hotel Tower During Tourism Slump - Casino.org Palazzo Latest Las Vegas Resort to Close Hotel Tower During Tourism Slump","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/palazzo-latest-las-vegas-resort-to-close-hotel-tower-during-tourism-slump\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/palazzo-latest-las-vegas-resort-to-close-hotel-tower-during-tourism-slump\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/12\/Palazzo.jpeg","datePublished":"2020-12-08T05:47:53+00:00","dateModified":"2020-12-08T18:48:34+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/8b29707270b397c572e9fd8f0fb72952"},"description":"The Palazzo at the Venetian Resort is the latest property on the Las Vegas Strip to temporarily close its hotel rooms because of low consumer demand. The Palazzo at the Venetian Resort is temporarily closing its tower suites on the Las Vegas Strip because of low conusmer demand.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/palazzo-latest-las-vegas-resort-to-close-hotel-tower-during-tourism-slump\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/palazzo-latest-las-vegas-resort-to-close-hotel-tower-during-tourism-slump\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/palazzo-latest-las-vegas-resort-to-close-hotel-tower-during-tourism-slump\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/12\/Palazzo.jpeg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/12\/Palazzo.jpeg","width":1280,"height":720},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/palazzo-latest-las-vegas-resort-to-close-hotel-tower-during-tourism-slump\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Commercial Gaming","item":"https:\/\/www.casino.org\/news\/commercial-gaming\/"},{"@type":"ListItem","position":3,"name":"Live Casinos","item":"https:\/\/www.casino.org\/news\/commercial-gaming\/live-casinos\/"},{"@type":"ListItem","position":4,"name":"Palazzo Latest Las Vegas Resort to Close Hotel Tower During Tourism Slump"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/8b29707270b397c572e9fd8f0fb72952","name":"Larry Henry","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/02\/Larry-Henry-bio-headshot-96x96.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/02\/Larry-Henry-bio-headshot-96x96.jpg","caption":"Larry Henry"},"description":"Gaming Regulation, Crime, Politics \u2014 Larry Henry is a veteran print and broadcast journalist who spent more than 16 years in Nevada, including serving as legislative reporter for the Reno Gazette-Journal and as political editor at the Las Vegas Sun. He's also written about popular culture for the Mob Museum in Las Vegas. As a broadcast journalist, he worked as managing editor at KFSM-TV, the CBS affiliate in Arkansas, where he now lives and where casino growth is a hot topic. A Marine Corps veteran and LSU graduate, he is also an avid movie fan, especially of classic film noir from the 1940s and \u201950s.","url":"https:\/\/www.casino.org\/news\/author\/larry-henry\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/157685"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/55"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=157685"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/157685\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/157686"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=157685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=157685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=157685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}