Rio at 30 years
The Rio hotel and casino has been a hallmark of Vegas, and is widely considered as one of the best managed properties. But its history and its future may not be the same.
The off-Strip property is beginning to show its age, and no longer commands the interest and respect that it once did. Most tourists are keeping to the Strip or Downtown, and seldom travel to other properties.
Though no clear number are available to compare the Rio with past years, a visit to its lobby is enough to suggest that the rumors of trouble are real. Likewise, the potential talks of renovation and remodeling have been making the rounds.
Following the recent upgrades at the Palms, the Rio may have no choice in the matter. To stay competitive, they may need to invest large sums in updating and improving their services and amenities to make it the next 30 years.