After Wynn, will other Las Vegas resorts stop charging for parking?

Wynn Las Vegas has announced that guests patronizing all resort outlets and hotel guests will be allowed to park for free at both the Wynn and Encore properties. 

The new program will go into effect on July 1. 

It is currently free to park for the first hour. Self-parking is $7 for 1-2 hours, $12 for 2-4 hours, $15 4-24 hours and $15 for each additional 24 hours. For valet parking, the fee starts at $18 for up to 2 hours. 

“Our guests choose to stay with us because of the attention we give to perfecting every detail of their experience,” said Maurice Wooden, President of Wynn Las Vegas. “We have come to believe that charging additional parking fees is counter to the personalized service we provide. This new policy directly reflects the way we know our guests want and deserve to be treated.”

For non-hotel guests and local residents, self-parking and valet parking at Wynn and Encore will be validated once per day, per vehicle upon receipt of a $50 spend within Wynn or Encore, inclusive of all retail stores in the Wynn and Encore Shopping Esplanades, all restaurants, both entertainment theaters, nightclubs and lounges, and all game play.

The approachable spend amount is designed to ensure that parking remains plentiful for resort guests, while reducing parking overflow from neighboring businesses. Adding further value to the new policy is the ability to divide one total spend among several vehicles. For instance, if four visitors in four separate vehicles spend $200 at a restaurant, all four vehicles will be validated.

For overnight guests of Wynn or Encore, self-parking will be included in the standard resort fee, which will not be increased to accommodate the new policy.

Having to pay for parking has been a hot topic since the idea was introduced in 2016. Many locals claim that they no longer visit Strip properties that charge for parking. MGM Resorts was the first to announce that it would start charging for parking. 

We have a full list of paid and free parking on the strip here.

Does the change in Wynn's parking stance mean other resorts will follow? Not necessarily, according to one financial analyst. 

"MGM is a little bit different because they have to be careful with the flow of traffic that goes into their parking garages on game nights," said Adam Thurgood, financial analyst with HighTower.

MGM Resorts said parking is free for active military personnel, veterans and their spouse through its M Life Rewards Military & Veterans Program.

Still, Thurgood said what Wynn and Encore are doing is a step towards the right direction.

"If the policy is adopted more broadly maybe that brings more people out to the Strip in general," he said.

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