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“The casinos have hefty
budgets,” explains Clark Wolf, who is currently guiding restaurant expansion
at Mandalay Bay. “And to reduce risk, they’re bringing in bigger- and
bigger-name chefs: Alain Ducasse, Daniel Boulud, Joël Robuchon, Thomas
Keller, and Bobby Flay are the newest arrivals. One way for them all to
compete is through spectacular design. Restaurants have to compete with each
other, of course, but also with the casinos, the acrobats, the shows.”
Wolf also notes that, all things
being equal, it can be 30 to 40 percent cheaper to build in Vegas than in
San Francisco or New York. “Casinos have their own construction companies,”
he says. “They can fabricate in the desert and haul everything in. Much of
what you find in Las Vegas is new construction. So you’re not going into a
150-year-old building and spending a third of your budget on demolition.” As
a result, serious cash is devoted to design — and the public is eating it
up. |