Travel comes at a price tag. So much so, that consumers frequently look for ways to travel without breaking the bank. Las Vegas is a popular travel destination, but news came from MGM that may make some travelers look twice when it's time to get on a plane. MGM Resorts has raised fees at its Las Vegas Strip properties.
News released this week that the fees were increased to “stay competitive in Las Vegas and the gaming/hospitality industry.” Resort fees are now $37 to $50 depending on where you stay. Luxor and Excalibur are now $37, The Signature, Park MGM, NoMad, and New York-New York are $42. MGM Grand, Mandalay Bay, and Delano are $45. Bellagio, Vdara, ARIA, and The Cosmo are now $50.
These changes went into effect on Tuesday, January 16, 2024.
Resort fees are typically explained as fees that cover local and domestic phone calls, digital newspaper or magazine downloads, fitness center, printing, and other amenities that many customers do not use.
The increase in resort fees was not the only change that customers should know about. The MGM cancellation policy was also changed as customers now must give 72 hours advance notice instead of the previous 48-hour policy. That change will certainly impact travelers who must change their plans last minute.
The rest of the hotel industry will watch how these increases impact MGM and whether it is worth raising their costs as well. This is a substantial change as customers across several industries continue to face increasing rates. When planning a trip to Las Vegas, it is important to take resort fees into account when finding a hotel. Those daily fees quickly add up and can greatly impact where you intend to stay during your vacation. Resort fee information is generally available on the company website when booking, or you can even call the location for more information.