Las Vegas Strip braces for CityCenter impact | reuters.com
CityCenter's glittering high rises have forever altered the Las Vegas skyline, but there is concern about the project's impact on already-discounted hotel room rates along the world's most famous gambling corridor. The nearly 6,000-room, $8.5 billion signature project for MGM Mirage (MGM.N) opens in December with rates up and down the Strip slashed during a recession that has forced consumers and businesses to cut spending and hold out for bargains.
