Last week The Cosmopolitan of Las Vegas reported earnings for the first quarter of this year. It looks like more of the same. There’s more eating, more drinking, more sleeping and still little gaming.
TheCosmopolitan lost $23.4 million in this year’s first quarter vs. a loss of $56.8 million in the first quarter of 2011, when the newly owned property was in its ramp-up stage…
…Casino revenue at the Cosmopolitan continued to show weakness in the first quarter, coming in at $30.8 million, down from $31 million in the year-ago quarter…
… food and beverage revenue jumped from $57.6 million to $71.8 million and room revenue soared from $34.4 million to $59 million.
Things really are picking up for t
The following two tabs change content below.
Las Vegas Writer, Marketer, Consultant. I love Vegas and everything about it. When in Vegas do 3 things: eat, drink & gamble.
Latest posts by Marc (see all)
- Bellagio’s Conservatory & Botanical Gardens Unveils Enchanting Holiday Display with ‘Twas – A Classic Storybook Experience Brought to Life - November 20, 2024
- The Killers Set to Return to The Colosseum at Caesars Palace For Three Encore Shows January 22, 24 & 25, 2025 - November 20, 2024
- The Cabinet of Curiosities presents The Hall of Prehistoric Monsters Drink Among the Dinos pop-up speakeasy Inside Horseshoe Las Vegas - September 24, 2024
