Daily Archives: November 19, 2009

Holly Madison Ushers in 3rd Annual Georges DuBoeuf Beaujolais Nouveau Wine Celebration at Paris Las Vegas with Grape Stomp & Week of Events

As the 2009 French grape harvest is declared by celebrated wine connoisseurs worldwide as the best in the last 50 years, crowds converged on Paris Las Vegas yesterday afternoon with a traditional grape stomp to celebrate the harvest. 

Blonde bombshell Las Vegas celebrity entertainer Holly Madison showed her game spirit,  joining in with a Lucille Ball impersonator, reminiscent of the iconic “I Love Lucy” TV scene, to stomp-in the resort’s 3rd annual Georges DuBoeuf Beaujolais Nouveau celebration and be the first to taste the fresh, fruity red wine. 

Yann Bourigault, North America Export Director of Les Vins Georges DuBoeuf, was also on hand at Paris Las Vegas to unveil this year’s custom designed bottle.

 The Las Vegas festivities were at 3 p.m., coinciding with midnight in Paris, France.  

According to French Law, Beaujolais Nouveau, made from hand-harvested Gamay grapes, is released annually on the third Thursday of November at midnight as people around the world usher in the current year’s vintage.  

Not a one-time event, the festivities will continue at Las Vegas Paris for five days of special events, tastings and unique Beaujolais Nouveau pairings at eateries such as Mon Ami Gabi, Les Artistes Steakhouse and the Sterling Brunch at Bally’s Steakhouse. A full schedule of events is available at www.ParisLasVegas.com/pariswine

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CityCenter Too Big for Mr. Big– Las Vegas?

Turns out Sin City is far from recession-proof. Citigroup Global Markets analyst Anil Daswani has doubts that MGM Mirage’s latest offering on the Las Vegas Strip, the gargantuan $8.5 billion CityCenter, planned for official opening and much fanfare on Dec. 16, will have tourists racing to plunk down what little cash they have left. 

“With CityCenter to open within a month … we do not believe that CityCenter will successfully drive visitation without incentives,” Daswani said in a note. “In our view, 5,000+ new rooms will be hard to absorb.” 

CityCenter is the largest privately financed development in the U.S. 

However, noting visits to Las Vegas are trending down 7% in 2009 while unemployment levels have now hit double digits, having some of the highest unemployment figures in the U.S., Mr. Daswani is concerned the new building will cannibalize demand from MGM’s existing properties while adding pressure to room rates.

Citi has a “sell” rating for MGM Mirage.

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