New York Times: In Las Vegas, Too Many Hotels Are Never Enough

Excerpt:
"Stephen A. Wynn, the hotel and gambling impresario, still remembers the first time he was asked if he and other developers had lost their minds building so many casino hotels here. It was the mid-1970s, when Las Vegas had about 35,000 rooms.

He was asked that same question in the 1980s, while building the 3,000-room Mirage, and again in the early 1990s. By that time Las Vegas was home to more hotel rooms ・106,000 ・than any other city in the country.

And so now, with Las Vegas in the midst of another big building boom, Mr. Wynn only shrugs when people suggest that the nation痴 premier gambling center, with 151,000 rooms and counting, simply cannot absorb any more new hotels."

http://www.nytimes.com/2007/04/24/business/24vegas.html?ei=5090&en=f6172a76dc909d6a&ex=1335067200&partner=rssuserland&emc=rss&pagewanted=print

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