Cosmopolitan opened on the 15th of December and I finally made it there yesterday. The property cost $3.9 Billion and has 2,995 rooms. This is actually a significant increase in the available room supply on the strip. The word about employment that we are hearing is that the property has about 5,000 employees. That’s about 1.6 employees per room, down from the 2+ figures we used to hear about in the upper-end resorts. It is very likely that recent economic strains have caused firms to automate more tasks and ...
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