Planet Hollywood, which by the way is currently hurting for revenue as its lenders are now controlling the property, is selling a new kind of hotel offer for their 2,500+ rooms.
Purchase the Phanatic Pass for $599, and you’ll get 10 nights, but those nights do not have to be consecutive or used all at once You can use any number of them anytime between now and March 15, 2010.
Even better, there are no blackout dates, so you can book for weekends such as New Year’s Eve and the Super Bowl. Try finding a room on the Las Vegas Strip for less than $200, not to mention $60 that the average rate comes to. By New Year’s, PH’s across-the-street-neighbor CityCenter will be open, competing for the same customers.
The Phanatic Pass also comes with one free bottle of liquor of your choice.
The hotel-casino is counting on the upfront payment but also that you probably won’t actually use all 10 nights.
Planet Hollywood’s debt of $870 million was paid down by Harrah’s, and it’s rumored that Harrah’s is interested in taking over the property, which is right next to Harrah’s-owned casinos Bally’s and Paris.