Vegas hotel reservation/deposit policies

[Neil]

Just looking to book our rooms at the Wynn for later this year and I notice it says they charge 1 night + tax deposit when making the booking. I'm pretty certain that if I decide to cancel I will get it back (pls can someone confirm this), but being the tight sod that I am with money I just wondered if this is standard practice for Vegas hotels, as all my other reservations in the US (in SFO/NYC etc) just require a credit card guarantee.

Thanks,
Neil

Neil

I had one night booked at Signature MGM and due to Maxjet collapse have had to change plans, I emailed Signature and got immediate response regarding refund, think it must be a Vegas policy, but seems to be ok if you have to cancel

Lynne

You'll have no problem Neil. We always book Vegas hotels online direct on the hotel's own website. We keep an eye on rates and if they lower them we simply cancel and rebook in the other half's name. They automatically refund your card and, if you're lucky, the credit they give you may be more than the original debit owing to exchange rate fluctuation as had happened to us several times[y]

Cheers
James

I cancelled the Wynn by phone following Maxjet's collapse too.

They have refunded the credit card back without any problem. The only way you will lose out if when the exchange rate changes. Obviously you may have a good rate when booking and a bad one when cancelling but it's not going to be a major sum with anything to worry about.

I'd certainly proceed with your booking and keep an eye on the rates. If they go down, contact the Wynn and they'll adjust them accordingly.

[Scrooge]

Yep that is pretty standard, however just an fyi it can take a couple of days for the refund to show.