Caesars boosts resort fees, gets mediator, wins stay of junior creditor lawsuit

Casino operator Caesars Entertainment is charging hotel guests more for hotel services, regardless of whether or not guests actually use those services.

On Monday, Caesars announced that it was raising ‘resort fees’ – those extra charges the company tacks onto guests’ bills for things that used to come free, like in-room Wi-Fi and local phone calls – from $29 to $32 (plus 12% tax) at five of its Las Vegas Strip properties: Caesars Palace, Nobu, the Cromwell, Paris and Planet Hollywood.

Caesars introduced the controversial fees in March 2013 and they immediately added between $10m and $15m to the company’s quarterly revenue. As such, the justification behind boosting these fees appears obvious, although the company offered no explanation as to why the raised rates weren’t being applied at all Caesars properties.

CAESARS GETS REFEREE, TEMPORARY REPRIEVE FROM CREDITOR LAWSUITS