Vegas Financial Fallout = Cheap Hotel Rates - NBC New York

Vegas Financial Fallout = Cheap Hotel Rates

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    There's rumblings of the "B" word in Las Vegas. MGM Mirage, of the Bellagio, Mirage, Mandalay Bay, and MGM Grand, is in danger of defaulting on their debts of $13.5 billion and filing Chapter 11. Other hotels are in similar predicaments, so this is the time to book hotel rooms in Vegas, as rates are dropping to unheard-of numbers at primo properties -- like $149 a night at the Four Seasons.

    The best way to get these crazy deals is to sign up for the hotels’ newsletters, as they publish their best rates to their biggest fans first. Just as an example: Those on the Mandalay Bay email list were offered an exclusive Four Seasons deal called the “Vegas Escape.” It included rooms for $149 plus a $25 spa credit, with a two-night minimum March 10-May 14, based on availability. If you want to get really ridiculous about it, there are rates as low as $6.25 for rooms outside of town—but who wants to stay on the fringes when the deals in town are so good?