Anecdotal observations from Las Vegas

I happened to be in Las Vegas for a conference this weekend and noticed something new. No, not another hotel or attraction- those are always springing up. Rather, I noticed that prices have risen on the strip. Not hotel room prices- those have fallen hard.  In fact, a room at the center-strip and recently renovated Mirage are just $63 per night. The Monte Carlo offers rooms from just $38. I have paid double and triple these rates at the same properties in the past.