Showing posts with label vacation. Show all posts
Showing posts with label vacation. Show all posts

Wednesday, June 3, 2015

45 Fun and crazy facts about Las Vegas, America's favorite playground. (Part 1)

“Vegas, baby!” That’s the rallying cry of people from all over the world as they get ready to descend on the city of Las Vegas for festivities, fun, and plenty of gambling. And whether they’re into the biggest boxing matches and fights, star-studded concerts and shows, the finest dining and most luxuries shopping on the world, dancing and partying all night long, shopping, or just lounging by the pool to watch all of the pretty people, Las Vegas has something for everyone. But few people realize the fascinating history behind America’s ‘Sin City.’ In fact, once we started documenting all of the fun and crazy trivia, there was so much we had to write two blogs! So enjoy and stay tuned or subscribe to this blog for part two, coming soon.

1. As of 2011, 368 million people visit Las Vegas every year, and visitors stay 3.7 nights on average.

2. It’s estimated that 38% of all Americans have been to Las Vegas in their lifetime!

3. 17 of the 20 biggest hotels in the United States call Las Vegas home.

4. There is one slot machine for every 2-½ resident of Las Vegas!

5. Every year, nearly 20,000 conventions hold their meetings in the city.

6. Las Vegas is the fastest growing city in the U.S.

7. Every year, players lose $6-8 billion betting and gambling at Las Vegas casinos.

8. Las Vegas became a city in 1905, with 100 acres of land bought at auction.

9. The first hotel and casino that opened in Las Vegas was the Golden Gate Hotel and Casino in 1906.

10. Gambling wasn’t always legal in Las Vegas and Nevada: a 1910 law made it illegal, though that was later repealed in 1931 by the Nevada Legislature.

11. Second only to South Africa, Nevada is the next largest gold producer in the world.

12. The Golden Nugget Hotel displays the largest gold nugget ever found, weighing 61 pounds!

13. During the era of gangsterism, the slot machines in Vegas used to be fixed to give smaller and less frequent payouts. It was largely the work of one engineer under employ of the mob, but when he threatened to go public with the admission, he was found murdered.

14. Now, it’s mandated and carefully regulated that video slot machines pay out a minimum of 75 percent on average.

15. Vegas Vic, the huge neon cowboy likeness on Fremont Street, is the largest mechanical neon sign in the world.

16. There have been many notable eccentrics in the history of Las Vegas, but non wackier than Howard Hughes. He once came to Vegas and stayed at the Desert Inn. After a few months of not leaving the management complained and asked him to leave…so he bought the hotel.

17. Hughes went on a hotel-buying spree, including the Castaways, the Landmark, New Frontier, the Sands, and the Silver Slipper. Although he also did some horrible, bizarre things, Hughes is largely credited with ending the mob stranglehold on the Vegas gaming business.

18. Las Vegas has a dark history of racism and segregation that largely has gone unrecanted. In the 1950s, the city was known as the “Mississippi of the West” because of its brutal Jim Crow practices. At first in the 1930s, it was partially racially mixed, but as Southern racist visitors started complaining about black people in the casinos, hotels, and restaurants – even if they were working – the black population was forced to West Vegas, which had dirt roads, tents and shacks, and often no running water.

19. Even famous performers like Lena Horne and Nat King Cole had to come and go through the Blacks Only exits in the back of casinos and hotels when they performed.

20. It was actually the Rat Pack and Sammy Davis Jr. who can be given some of the credit for shifting Vegas’ segregation. Davis suffered horrid racist treatment like the rest of his less-famous black people, including the hotel pool being drained after he swam in it at the request of white patrons.

21. In the 1950s the Rat Pack, with legendary headliner Frank Sinatra, refused to keep playing at the Sands Casino unless Sammy Davis Jr. was allowed to stay in the hotel like the rest of them. That brought some new attention and forced a crack of progress on the issue.

22. In 1960, the NAACP planned a massive march down the Vegas strip to protest the racial conditions. City officials met with hotel and casino owners because they were worried the march would cripple their tourism, so they decided to end formal racial segregation in the city.

23. The Moulin Rouge became the first racially integrated hotel in Las Vegas in 1955.

24. Quite a few fortunes have been lost at the Las Vegas casinos, but a few have also been made. In 1992, a man named Archie Karas turned $50 into $40,000,000! Imagine that! But then he kept playing and ended up losing it all.

25. Fred Smith, the CEO of Fed Ex, saved his young company in 1970 by gambling his last $5,000 in Vegas. He turned that 5k into $32,000 at the Blackjack tables, which was enough to keep his company expenses and payroll afloat a few days longer, at which time the company was saved with an $11 million investment.

26. In 2004, a British gambler named Ashley Revell sold all of his possession and material things, including his wardrobe, and best his last money in the world, $135,300, all on red for a single spin of roulette. He actually won, doubling his money to $270,600!

27. In the United States (not just Vegas), the legal gambling industry creates more revenue than all pro sports, theme parks, cruise ships, movies, and music combined!
An estimated 87% of all people who visit Vegas gamble.

28. On average, those gamblers spend $580.90 on betting and gamble 4 hours per day.

29. The largest age demographic to Las Vegas is actually the 65 and older crowd, at 22% of all visitors.

30. Only two decades ago, it was legal to gamble in only two states. Now, gambling is legal in some form in 48 states, with only Hawaii and Utah still strictly banning it.

31. Nevada is one of only seven states in the U.S. that does not have a state income tax. The others are Alaska, Florida, South Dakota, Texas, Washington, and Wyoming.

32. An astounding 84.4% of Nevada’s land is owned by the federal government, by far the most of any state.

33. Counting cards at the blackjack table is the subject of many movies. However, not many people realize that counting cards is not technically illegal in Las Vegas. But it is considered cheating, and violators who are caught may be suspended or banned from casinos.

34. Speaking of bans, the Nevada Gaming Control Board started keeping a black leather-bound book in the 1930’s with the names of people with a “notorious or unsavory reputation.” These people were blackballed from playing, owning, or even entering any casino or gambling establishment within the city limits.  The book still exists, though it’s called the List of Excluded Persons, and currently includes 66 cheats, mobsters, card counters, and other unsavory elements.

35. The minimum age to gamble in Las Vegas is 21, not 18. Minors are allowed in the hotels and casinos but only to pass through to their rooms or destination and they are prohibited from lingering around the gaming areas, even if they’re with an adult.

36. While Vegas may be the gambling capitol of the world, it’s not universally embraced in Nevada. In fact, only 25 miles off the strip in Boulder City, gambling is illegal.

37. In Chinese culture, the number four is considered bad luck, so to cater to Asian tourists and gamblers, the Wynn Las Vergas and Rio hotels and casinos have elevators that skip from 39 to 50 to exclude the 40s.

38. There are many famous handicappers in the history of Las Vegas, but the one so good he was called King or Guru is Frank “Lefty” Rosenthal. He started the first sports and race book at the Stardust Hotel and Casino and his likeness was made famous as a character in the movie Casino (played by Robert de Niro).

39. Las Vegas even has mayors larger than life, as Oscar Goodman, who came to office in 1999, used to show up at public appearances with two showgirls at his side, rejected the attempt to make Vegas family friendly, called himself “The Happiest Mayor in the Universe,” and showed up at a Q and A for 4th grader sipping martinis and responded to a question by saying his favorite pastime was drinking gin.

40. If Las Vegas and neighboring Nevada aren’t famous enough, Area 51 boosts its claim to the weirdest place on earth. Area 51 is a place in a dry lakebed in central Nevada where the government operates a top-secret military research facility, though it denied its existence until recently. Area 51 is where it’s rumored the government captured and researched aliens.

41. Area 51 employs hundred of civilian contractors, but as it’s an 8-hour commute to the next city, the government flies them in and out on a private plane for work every day. 

42. The fleet of private unmarked 737s is nicknamed “Janet Airlines” due to the call sign they use.

43. The first casinos lacked safety features like water sprinklers in the entire building. There was an epic fire in the MGM Grand Hotel in 1980 where 85 people died, 679 were injured, and 2,000 people airlifted to safety from the hotel roof on helicopters.

44. Despite rumors and even common practices, prostitution is not legal in Vegas. In fact, the law only allows legal prostitution in Nevada counties with less than 400,000 residents, which was originally made the cut off number to keep brothels out of Clark County.


45. Speaking of legal, you are allowed to carry around an alcoholic beverage in Las Vegas with some restrictions: you can only leave an establishment with said beverage if they allow and it’s not in a metal or glass container (no beer cans). Also, you can’t drink within 1,000 feet of a school, hospital, or place of worship.

Friday, November 28, 2014

25 Tips to save big money on your next vacation.

Everyone loves going on vacation, but with the average cost for a family around $4,580, it’s hard not to stress about the price tag. However, with some frugal planning there are ways to save hundreds, or even thousands of dollars on your next trip, leaving you relaxed enough to fully enjoy it.
Here are 25 tips that will help you save big money on your next vacation:

1. Many tours, museums, and even restaurants offer discounts for students, teachers, AAA, military, and AARP members, so bring your identification cards and always ask!

2. Stay at a hotel that offers free breakfast. Eating a good meal in the morning will get you ready for a day of sightseeing and save you money on one meal a day.  When you search for hotels on sites like Hotels.com, Booking.com, or Priceline.com, you’ll be able to see which establishments offer complimentary breakfast. However, sometimes they just roll out coffee and cereal and call it breakfast, so drop them an email to ask how elaborate the meal will be.

3. The majority of air travelers want to fly on a Friday or Sunday, so you’ll find the best deals for flights if you fly on a Tuesday, Wednesday, or Saturday. Flights at the crack of dawn, at dinnertime, or red-eye flights are cheapest. Airlines release their new weekly fares on Mondays, so on Tuesday by 3 pm competitors have released their deals, making it the ideal time to search for tickets online. Studies show that the cheapest time to book is 49 days before your departure, or 81 days ahead of time for international flights.

4. Before you book your airline tickets find out if they charge for checked bags. Some airlines allow the first bag for free, like Southwest, while others charge up to $75 or $100 for overweight or international baggage fees. Bring an empty carry-on that you can fill with souvenirs so you won’t get hit with an excess baggage fee on the way back.

5. If your vacation destination is within a few states, consider traveling by train. It’s a great way to see the country, less expensive than flying and Amtrak has modern, comfortable sleeper cars.

6. Searching on travel aggregate sites like Kayak.com, Hotwire.com, and Expedia.com are common place these days, but also utilize reverse searches. If you are flexible with which days you can travel, a lot of cheaper airfares may open up for you. There are several travel search engines that will allow you to search by destination without putting in a hard date.

Adioso.com
Flexible searches based on dates, locations, and connections. 

AirFareWatchDog.com
You can see the top 50 fares for different destinations.

Kayak.com/Explore
Search where you can go anywhere in the world based on a certain budget, continent, or even what activities once you get there.

Also remember that Southwest and Allegient airlines don’t show up on any Internet travel sites, so double check with them directly.

7. Souvenirs, nick nacks, and t-shirts are all wildly overpriced in touristy areas, so take a quick photo of what you like and buy it later via the Internet.

8. Rethink the rental car. A lot of tourists have the attitude where they love renting a car and navigating the city or country they’re in. I’m not one of those – I prefer to sit back and let someone else deal with traffic while I observe, take photos, and watch, but it’s up to you. But people frequently rent a car and then hardly use it.  Walk, utilize your free hotel shuttle, or take public transportation to save money

9. If you do get a rental car, don’t double up on insurance. Rental agencies love selling you additional insurance, but it’s usually unnecessary. Check your homeowners and auto policy ahead of time to see if they cover rental cars. Some credit cards even offer automatic insurance if you pay with their card.

10. Whenever you show up at the airport, hotel, or rental car agency, ask for a free or low cost upgrade. The worst they can say is “no,” but you might be surprised what they can offer!

11. Book a hotel room with a small refrigerator and stockpile water, fruit, and snacks. This will help you to save on impulse purchases at tourist sites, restaurants, or from the expensive minibar.

Speaking of the minibar, if you do eat a $10 candy bar or drink a $14 beer in a moment of weakness, hit the local general store and buy the same items and replace them before you’re charged.

12. When vacationing outside of the U.S., always negotiate prices when buying something on the street or in a shop. Often times you can end up at 60% the first quoted price, but we often forget negotiating is an accepted and encouraged part of many cultures. Just don’t be rude about it and remember that most people abroad make a very humble living.

13. Everything is more expensive by the beach, so remember that the exact same quality meal or hotel can usually be found for 30-50% less a few blocks inland.

14. Exchanging money at the bank will get you the most accurate exchange rate and fewer fees than at your hotel. Never exchange money on the street!

15. If you aren’t going to spend a lot of time in your hotel room, booking a 2 or 3-star hotel will save you a lot of money. Hotels.com makes it easy to see pictures and read reviews so you can get a clean, comfortable room for less than 5-star prices!

16. If you’re bringing the kids on vacation, consider getting a suite, bigger room with two double beds, or have the hotel bring up a foldout cot so everyone can stay together. The savings will be worth it!

17. When traveling abroad, remember to turn off the cell network on your smart phone, where international roaming charges can add up alarmingly fast. Instead, take advantage of free Wi-Fi offered at hotels, restaurants, and tourist sites, using apps like WhatsApp, Viber, and GoogleVoice to make calls, text, and browse the web.

18. Before you book airfare, hotels, theme park tickets, or even restaurant meals, check the companies’ Twitter and Facebook pages because they often post otherwise-unlisted discounts on their social media pages. Also check on their website, which lists unadvertised specials and deals. You can even call their reservations phone number and speak to an agent about getting the best deal available, but then go and book it online to avoid the $25 -$40 booking fee.

19. If you have young children bring your own stroller to amusement parks, where it could cost $15 a day to rent one.

20. Only drink water at restaurants, where a few sodas or iced teas can add $10 or more to each meal.

21. Spend one day away from the expensive attractions. You’re paying for that hotel swimming pool… use it! Spend the day at the beach, zoo, or a nearby museum.

22. Book a hotel that offers free airport pickup and drop off.
Getting to and from the airport can add up in a big way, so check to see if your hotel offers free shuttle service when you book it. But be careful – some hotels list that they have airport shuttles under the ‘amenities’ section or description, but then later try to charge you for it. You can clarify by sending an email to the hotel (along with other questions.)

23. Frequent flyer miles and points:
Always register to earn frequent flyer miles and keep track. Confirm with the booking agent and at the check-in counter to make sure they credited you your miles, and once you get home check to make sure they were registered.

Use a credit card that offers award points of frequent flyer miles. Some of them are great but only give you miles on one airline. I have a Visa Blue Sapphire card that allows me to accumulate points for all flights, hotels, rental cars, or even restaurant meals. I run all of my bills through it but pay it off every month, and the result is that I get at least two free flights every year.

24. Expand your vacation – for the same price!
Most people don’t realize that you can book multi city flights with long layovers – even up to a week. So if you flight goes New York to London to Madrid, you can ask the airline to schedule the “layover” for London for 4 days. That gives you a built in extra vacation destination for the same cost! I’ve found you probably want to call the airline to reserve this kind of flight, as it’s hard or impossible to book online.

25. After you book your flight, call back the next day, within 24 hours, to check if the fare went lower. Most airlines have a policy where you can get a refund or credit if the price goes lower within that timeframe. Also, thanks to the new Department of Transportation rules for airfare bookings, consumers can put fares on hold for up to 24 hours, cancelling or changing the ticket with no penalty.


Wednesday, December 18, 2013

A Snapshot of International Real Estate Prices.


We spend a lot of time focusing on housing prices in the United States – and rightfully so with the roller coaster we’ve seen over the last 10 years.  But I came across some interesting information about real estate prices around the world that I thought you’d get a kick out of.  Is Canada the most overvalued real estate in the world?  Can you buy a whole compound in beautiful Panama for $300,000?  Why are so many retirees moving to places in Latin America and Asia to retire?  Let’s find out.

As I started doing my research, I quickly realized that even finding usable data on international housing would be a challenge – you have different currencies to convert, cost of living adjustments, and even different lending and banking standards to compare.  But in the end, this is the consensus:

In the last few years, there is no sign of a global uptick in housing prices.  However, of course we have many different countries and even micro-markets within nations to consider.  Ireland, Greece, Spain, and Portugal have seen large declines in their real estate prices, possibly because if their faltering economies (for the latter three) and their relative de-value against the Euro.

At the same time, Brazil and Germany have seen the biggest price increases in real estate. That makes sense, too – Germany’s economy is rock solid, and Brazil is booming and looking forward to an influx of tourists, soccer fans, and investors with the 2014 World Cup this summer.

I found plenty of graphs produced by fancy economists, like these that show that prices are up in France and slightly in Great Britain, but falling in Spain and plunging like a stone in Ireland.

Or, the (Inter)National Housing Affordability Index, which shows that Australia, Canada, New Zealand, the UK, and our own USA are the highest priced nations for housing, but Hong Kong takes the prize with off the chart housing expenses.




And how year over year, housing and real estate prices rose in about half the countries surveyed, but fell in the other half.


Ultimately, those stats are hard to put in context – and a little deceiving.  Remember that real estate prices in the main cities and popular urban areas are always way higher than in rural areas.  So, there is no clearer illustration of real estate prices abroad than if we look at actual properties.  Here are a few examples of what you could buy in foreign countries if you had $300,000 cash ready to spend (and a bag packed and passport ready.)


Panama City, Panama.
$315,000 will get you this 3 bedroom, 3 ½ bath garden-like compound in the jewel of Central America.  It’s only minutes from beautiful San Carlos beach and has granite countertops, a two-car garage, and located in a gated community with a pool, tennis courts, etc.  No wonder why Panama is one of the fastest-growing destinations for U.S. retirees!




Tuscany, Italy
For $281,708, you can purchase this 2 bedroom, 1 full bath, 1,722 square foot, 2-story home that’s actually part of a renovated monastery.  The outside is crafted with stone and the inside has a living room with an open fireplace, dining room, room for your wine cellar, a terrace, and a private courtyard. 




Ha Long Bay, Vietnam.
$320,000 goes a long way in Vietnam, but the picturesque and very-safe Communist country is still ultra-crowded, meaning that housing standards are always smaller.  Still, for that price tag you can get a luxury apartment in the BayView Towers, a 30-story high rise with infinity pool, skyrise, playground, and shopping mall!  The apartments have 3 bedrooms, 2 ½ baths, a full kitchen and a smaller half kitchen for the inlaws, and 1,800 square feet – GREAT size in Vietnam.  Oh, and by the way, the coast of Vietnam offers some of the most breathtaking and fun beaches and cultural activities.


Fabregues, France.
$265,000 - $310,000 will get you a “Bon jour” to the neighborhood at the Village Center Le Domaine Du Golf, which has 2 bed, 1 bath apartments and also smaller units.  Of course a swimming pool and golf course for residents is never too far off.






Buenos Aires, Argentina. 
Argentina’s capital city has been called the Paris of South America, yet with their own financial problems, prices have plummeted for over a decade.  $255,000 will get you a 2 bedroom, 2 bath, 800 square foot apartment in the bustling city center near the arts, museum, and the historic Teatro Colon.  Buenos Aires has become a huge home-buying destination for U.S. citizens recently.


Phuket, Thailand. 
$291,000 will bet you a fantastic apartment home right next to the beach on Thailand’s largest island, Phuket.  It’s world-renowned for it’s incredible beaches like Kp Phi Phi, Ko Samui, and Ko Phangan (they film a lot of movies there, like Leonardo DiCaprio’s The Beach.)  You’ll be able to jump into a post card beach any time you like but your 1,700 square foot home will also have a pool if you want to keep the sand out of your sheets.  Thailand is one of the hottest retirement destinations for Americans with its tropical climate, perfect beaches, low cost, and safety.

Ruijing, China.
Ruijing, China.
China’s economy is exploding, and with over a billion people, or about 1/6 of the world’s population, you could imagine how high real estate prices are.  But THIS is crazy! - $284,000 will buy you a tiny but functional 2-bedroom 268 square-foot apartment!  That’s over $1,000 per square foot!






Vancouver, Canada.
Vancouver, Canada.
Our friendly neighbors to the north have their own housing affordability issues, and cities like Vancouver are perpetually on the Most Expensive Real Estate List.  $300,000 will get you a mobile home, or a cruddy 700 square-foot apartment on the outskirts, but, believe it or not, that price tag won’t get you into even ONE single family, detached home in that area!  A new report reveals that Vancouverites spend an astounding 45-93% of each paycheck toward house payments! 

Tokyo, Japan.
Tokyo, Japan.
The economy of Japan has been one of the most volatile in the world since the 1980’s, but with a super-dense population and strong industry, housing in the biggest metropolitan city is always at a premium.  This year, average prices for a new condo construction rose to $6,931 per square meter (10.7 square feet to a square meter,) $3,039 per square meter for an existing condominium, and land at about $2,066 per square meter.  That means a modestly-sized brand new condo could cost you well over $1 million U.S. dollars!