Las Vegas’ luxury hotels are using bargains to lure tightfisted tourists

The Las Vegas Sun reports:

Rob Kronman, who works in finance in Los Angeles, would have been willing to pay at least twice what he spent for two nights at the Encore last week. Thanks to a heated price war in Las Vegas, Kronman snagged a suite at the Encore for $109 per night, with a $50 credit toward resort purchases.

“I’ve stayed at the Hilton and Monte Carlo but this was a whole level above,” he said. “It was an extraordinary stay in what was probably a $400 room.”