Originally Posted by
accountinquestion
Originally Posted by
MisterV
That makes sense I guess..."fools and their money" and all that.
He's not wrong .. but it seems possible to me if marketed correctly you could possibly turn the property into a profitable successful place. The alternative is to flounder about bleeding money with nothing that makes you distinct from other properties.
Exactly.
The bad location & lack of existing customer base is preventing it from drawing the customers that don’t care much about value at properties in the center of the strip due to the center strip experience.
So their best bet is to try something different to attract customers.
Just waiting around doing nothing while they’re losing 6 figures a day & waiting for the type of customers they were originally targeting to magically just start appearing is probably not the best strategy.