MGM Resorts, which last year became the first Las Vegas hotel chain to charge for parking, is increasing its parking fees.
The company, whose hotels dominate the Las Vegas Strip and include MGM Grand, New York-New York, Bellagio and Mirage, among others, said the new rates would go into effect on April 12. The increase comes less than a year after parking fees began and is on top of an increase in the chain’s nightly resort fees in March.
MGM’s self-parking and valet parking fees – which apply to overnight guests as well as visitors stopping to play, eat, shop, see a show, or just look around – are increasing for those who park for more than two hours.
Most fares go up $ 2 or $ 3, but some drivers will see significant increases. Among the chain’s more expensive resorts, Bellagio, Aria and Vdara are pushing the valet parking rate from $ 18 to $ 25, a 39% increase. Short-term valet parking at these resorts (up to four hours) goes from $ 13 to $ 20, a 54% increase. Self-parking for more than four hours at Aria and Bellagio increases by 50%, from $ 10 to $ 15. Vdara does not offer self-service parking.
Spokesman Gordon Absher said the increases are being implemented for “a variety of business reasons” and are based on market analysis since the start of parking fees. Caesars Entertainment and other chains followed MGM’s lead and started charging for parking.
The new MGM Resorts parking rates
For self-parking, the first hour is free. After that, the fees are imposed in increments of 1-2 hours, 2-4 hours, and 4-24 hours. For valet parking, the lower rate is valid for up to 4 hours. The highest rate is for 4-24 hours.
Circus Circus: Self-parking is free; $ 10 to $ 15 for valet parking.
Excalibur, Luxor, Monte-Carlo: $ 5 to $ 10 for self-parking; $ 10 to $ 15 for valet parking.
Mandalay Bay, MGM, New York-New York, Mirage and Delano: $ 7 to $ 12 for self-parking; $ 15 to $ 20 for valet parking.
Aria, Bellagio: $ 7 to $ 15 for self-parking; $ 20 to $ 25 for valet parking.
Vdara: No self-parking; $ 20 to $ 25 for valet parking.
Guests staying at MGM Resort hotels have parking privileges in and out of their hotel and other MGM hotels. So a guest valet parking at Mirage can park at other MGM hotels during their stay, while those who self-park can park themselves at sister properties.
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