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Old November 13th, 2005, 01:36 AM   #41
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^ Not compared to a cab ride. One thing that bugs me is why an airport extension could cost as much as $800 million. WTF? The airport is so near MGM!!!
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Old November 13th, 2005, 04:11 AM   #42
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Monorail Ticket Types and Fares
1-Ride ticket $3.00
1-Day pass $10.00
10-Ride ticket $20.00
3-Day pass $25.00

For more information, see:
http://www.lvmonorail.com/

I suspect that the monorail's ridership numbers may have been impacted by the new "Deuce" double-deck bus service, which offers lower fares and is more convenient for the hotels on the west side of the resort strip:

Duece (Double-Deck Bus) Adult Full Fare:
The Deuce One Ride $2 OR 4 tokens one way
24-hr. All Access Pass $5 also good on CAT and MAX transit services
Full Fare 30-Day Pass $30 ($40 as of 12/1/05)

For more inforamtion, see:
http://www.rtcsouthernnevada.com/deuce/

Last edited by greg_christine; November 13th, 2005 at 04:19 AM.
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Old November 13th, 2005, 06:52 AM   #43
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It makes total sense for the connection to the airport. I mean, isn't that the whole point of a transportation system? The bus probably does cut into the Monorail ridership, but I think it needs to be a tad more integrated with getting people around than promoting certain resorts.

Are there any other transit systems in the US which are profitable, or at least not running at a loss?
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Old November 13th, 2005, 02:34 PM   #44
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Quote:
Originally Posted by Cloudship
...
Are there any other transit systems in the US which are profitable, or at least not running at a loss?
The Seattle Center Monorail (A.K.A. Seattle World's Fair Monorail) operates at a profit:




For more information, see:

http://www.seattlemonorail.com/index.htm
http://www.monorails.org/tMspages/Seattlepix1.html
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Old November 13th, 2005, 03:52 PM   #45
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A monorail would make sense. McCarran is so busy, it'd make sense to go there before downtown first.
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Old November 14th, 2005, 08:26 AM   #46
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The monorail is TOO far away (at the back of hotels which are so LARGE in size). Last time when I went from Monte Carlo to Bally's It took me 20 mins to walk from a hotel room in Monte Carlo to the MGM station. Then by the time I arrived at Bally's I can reach there by just walking on the strip. The line is too far off from the strip. If it was an underground monorail under the strip, then it will attract TONS of passengers.
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Old November 14th, 2005, 11:34 PM   #47
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Las Vegas hotels are way too big. The trains need to stop inside or in front of the hotels, not a block behind them. And if your destination hotel is on the other side of the strip opposite from your train stop, you're in bad luck.
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Old November 15th, 2005, 01:54 AM   #48
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Quote:
Originally Posted by bs_lover_boy
If it was an underground monorail under the strip, then it will attract TONS of passengers.
An underground monorail? you mean a subway don't you?
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Old November 15th, 2005, 08:37 AM   #49
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Quote:
Originally Posted by juanico
An underground monorail? you mean a subway don't you?
an underground monorail is possible. :P They have monorails going thru tunnels in some parts of the cities in the world.
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Old November 15th, 2005, 10:06 AM   #50
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bs lover boy & superchan7 both nailed it-- whoever the IDIOT(S) were that designed these stations to be BURIED DEEP (30minutes?? walk thru casino???) to get to station and THEN REPEAT AS EXIT THRU NEXT CASINO, should be shot.

Period.


complete waste of money, failed opporunities...

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Old November 16th, 2005, 06:51 AM   #51
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^ Well what did you expect? Its a Bombardier!
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Old November 16th, 2005, 01:21 PM   #52
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The stations at the Sahara and Hilton are not too bad in terms of the convenience of their locations; however, some of the other stations are horrible in this respect. The monorail is convenient for those who are attending conventions at the Las Vegas Convention Center; however, it runs past the Sands Convention Center but has no station there. The Venetian, which controls the Sands Convention Center, did not want the monorail to be built presumably because they did not want competition from other resorts for guests who are attending conventions at the Sands Convention Center.

The ideal would have been for the monorail to run along the center of the resort strip on Las Vegas Boulevard. This was vetoed because some of the resorts feared that it would block the view from the road. Perhaps a future extension of the monorail could be planned in conjunction with the construction of new resorts to feature trains actually running through the buildings as is done at Walt Disney World:

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Old July 21st, 2006, 05:43 AM   #53
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Las Vegas Monorail ridership plunges after fare hike
20 July 2006

LAS VEGAS (AP) - A fare hike appears to have slowed ridership on the already ailing Las Vegas Monorail, statistics on use of the tourist train show.

The average number of daily riders has plunged nearly 30 percent since base one-way fares were increased from $3 to $5 in January. Ridership is down 28 percent compared to the first half of 2005.

Monorail officials said the fare hike was needed to boost sagging revenues for the train that shuttles tourists up and down the Las Vegas Strip. They promoted the new pricing along with a discount for locals.

"The extent of the fare increase has certainly dampened ridership," said Scott Trommer, an analyst with Fitch Ratings, a New York City-based credit rating firm that's been tracking the monorail. "The magnitude of the falloff was more than expected by (monorail) management."

The privately funded system has not turned a profit since opening in mid-2004. It has seen its bond rating fall into "junk" status as a result, though deep cash reserves are expected to keep the monorail solvent into at least 2008.

The monorail is falling far short of initial predictions that it would have 50,000 riders daily. The train averaged just 20,060 riders per day in the first six months of this year, down from 28,362 daily riders in the second half of last year, and 27,877 passengers per day in the first six months of 2005, according to monorail statistics.

It would need about 7,000 more riders a day to break even.

The bad news for the $650 million transit system comes as former head of monorail's now-defunct management company enters the final stretch of his bid for the Democratic nomination for governor.

While also serving as mayor of Henderson, Jim Gibson was chairman and chief executive officer of Transit Systems Management from January 2004 to July 2005. The company received $36 million during the five years it operated the monorail before being absorbed by the Las Vegas Monorail Company. In 2004, Gibson was paid a base salary of $209,000 a year.

Gibson's primary opponent state Sen. Dina Titus, D-Las Vegas, on Thursday posted a Web site -- http://www.MonorailJim.com -- criticizing Gibson for profiting "off this boondoggle masquerading as a public project," she said in a statement.

The system was financed with $644.3 million in tax-exempt bonds issued by the state -- to be repaid over 40 years with money made on fares and advertising. The Las Vegas Monorail Company is exempt from paying sales taxes to the state and property taxes to the county.

Gibson has defended his work saying he was hired to troubleshoot the system and did the job.

"We knew long before I agreed to come in and take that job that the monorail system had trouble. I'm proud we were able to get the monorail up and running," he said.
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Old July 21st, 2006, 07:27 AM   #54
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ain't that a bitch....
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Old July 21st, 2006, 07:50 AM   #55
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Easy solution: Slot machines inside the trains and stations. That should increase ridership and revenue...
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Old July 21st, 2006, 07:51 AM   #56
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Last time I was in Las Vegas I saw no need to use the monorail. Why not put a light rail system right along the strip and dismantle this thing?
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Old July 21st, 2006, 09:27 AM   #57
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Quote:
Originally Posted by FM 2258
Last time I was in Las Vegas I saw no need to use the monorail. Why not put a light rail system right along the strip and dismantle this thing?
If they were to dismantle the monorail, they would still have to pay back the bonds. The only difference would be that they would no longer have the income from operating the trains. The income from the monorail is covering operating costs plus a part of the cost of the construction financing. The financial situation would be worse if the monorail ceased operation.

The Regional Transportation Commission of Southern Nevada is pursuing the construction of a fixed guideway transit line that would extend from Henderson to North Las Vegas via the resort strip and downtown. The most likely route would follow Frank Sinatra Boulevard behind the hotels on the opposite side of the strip from the monorail. Electric light rail, diesel light rail, and bus rapid transit were all considered.







After much study, the Regional Transportation Commission chose bus rapid transit. For more information, see the following website.

http://www.rtcsouthernnevada.com/rfg/technology.htm
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Old July 21st, 2006, 03:36 PM   #58
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Unfortunately, the Las Vegas monorail is a prime example of how business and politics can screw everything up. The monorail should have been simply a public transportation system designed to reduce road traffic. Instead, it became a political and business football, saboutaged by both sides to spite enemies. Meanwhile busses and other projects get to skirt around all the issues the monorail had to deal with, such as station locations, route, safety issues, and funding.

Financially there is not a ton of risk to the public on this project, since most of the bonds are completely insured. So that in turn makes it easier to criticise the project, since there really is no rsk if it fails due to lack of support. What the monorail really needs to do is to link to both the airport and downtown, and to become a legiotimate public transportation system, and not a toy of the casinos.
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Old July 21st, 2006, 08:44 PM   #59
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Quote:
Originally Posted by alta-bc
Easy solution: Slot machines inside the trains and stations. That should increase ridership and revenue...
lol....cool idea
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Old July 21st, 2006, 11:00 PM   #60
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That's a shame. The slots machines would be really cool!
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