I had the opportunity to stay at the Palazzo four times in the past year. My first visit was in February of '08, and my last was in October. My first stay by far exceeded my expectations, but by the last it was clear they had been giving the rooms away - literally. On my last visit is was obvious by the condition of the room the hotel had lowered the rates enough to allow people in that don't have an appreciation for nice things. The furniture was worn and damaged and the feel of luxury in the hotel overall has diminshed far sooner than it should have. I guess that's the result of the economy. I still recommend the Palazzo - but it is not the Wynn, at one time it did rival.
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