"I find your lack of faith disturbing" - Darth Vader submitted by Xeagu to Monero [link] [comments] Monero Meetup Report Las Vegas, Defcon-26 9-12/8/18Caesar's PalaceDefCon draws crowds of 25,000 attendees over a 3 day period. This year, DefCon booked conference and banquette halls in both Caesar's Palace and the Flamingo. In addition to the Monero/BCOS Village, there were several other interesting villages such as the Biohacking, Ethics, and Car Hacking Villages. Unfortunately since I was using a crappy burner phone for the entirety of the conference, I didn't take any photos of the DefCon conference itself. Instead, I will take you on a journey through Las Vegas and tell you the story of the Monero meetup that extended well beyond the walls of DefCon. Main Entrance at Caesar's Tables in Caesar's When I arrived Thursday afternoon, the Monero Village was still being prepared but we all met up to grab some lunch and drinks at Carlos'N Charlie's. This was by far the hottest day during my stay in Vegas with temperatures ranging between 39-41 C (102-108 F). Umbrellas and drinks made sitting outside bearable. Carlos'N Charlie's Outdoor Seating It was great to meet in person so many of the people I respect and follow within the community. Certainly a little awkward at first but by the end of the conference, I felt quite comfortable with my new friends. Rehrar wrote a Monero Village Summary with a list of a majority of the Monero community members present. I was so jet lagged Thursday night I passed out before the Thursday evening festivities. Friday morning we started Monero Village presentations with talks exploring Inside Monero, Open Source Hardware, and Security Issues in Crypto Software Wallets. There was also a workshop for tinkering with the BitBox Hardware Wallet. Inside the Monero Village (photo courtesy of u/Rehrar) Friday night, 11 of us went out for dinner at Carmine's. At first they told us it would be a 2 hour wait but then got all of us seated in 15 minutes without a reservation on a Friday night. This restaurant is part of an entire eating/shopping center within Caesar's Palace that is designed to look like it is outside, with fake sky and exterior walls. Carmine's Fountain of the God's near Carmine's Above the Reflecting Pool further down in Caesar's After dinner, we moved to Paris Casino where we split into smaller groups to gamble. It was here that I first played Pai Gow Poker. Unlike trading Monero, you lose money slowly in this game. As the night went on, our group got much smaller and 5 of us followed u/needmoney90 back to his hotel at The Wynn. The Wynn Cool view while walking to the Wynn It was actually super awesome that u/needmoney90 rented this hotel room. It was about a 25 minute walk from DefCon but a great place for Monero social gatherings. Friday night after several drinks and gambling, the 5 of us discussed a wide range of topics relating to the development of Monero's community and various technical concerns, such as the potential pollution of Monero outputs. This brainstorm session was highly productive and fun. Saturday the Monero discussion continued with presentations from the VP of Security at Coinbase, u/fluffyponyza, u/SamsungGalaxyPlayer, and u/anonimal_0x914409F1. Michael (msvb) lead a workshop on programming your Monero badges and later a panel of several of the previous speakers took place. After Saturday's DefCon presentations ended, a few of us followed u/pwrcycle to begin getting several dozen gallons of ice to fill up two huge bathtubs with beer and ice in the Monero Party room. Several other people came to help set up various other party logistics like hanging signs, setting up tables, and arranging furniture. By 8 pm, we were all ready for the party which started at 9 pm. After helping set up, I walked over to the Wynn to meet up with u/needmoney90. When I stepped outside, it was now getting dark outside and there were very strong gusts of dust filled winds. A sandstorm had emerged. I made the exhilarating trek from Caesar's to the Wynn through 60 mph winds. (Source) Probably stupid, but hey that was one of the most exciting adventures I've experienced. When I arrived, u/needmoney90, oneiric, and I chilled for a bit as we waited for the storm to pass. After a bit we Uber'ed to Caesar's, where the Monero Party was being held. It turns out there was another DefCon party being held at Caesar's so the elevators were completely packed with long lines spilling out into the casino floor. We finally got through the line and arrived at the party. Upstairs view of the Monero Party (photo courtesy of u/fluffyponyza) Monero Party! (photo courtesy of u/fluffyponyza) In the style of the previous night, this party was highly productive for me. I had the opportunity to talk with several of the senior Monero core members about a wide range of topics from the impact of polluted outputs, to the Monero community, to the shared struggle of unfortunate life events. The night came to a close around 1:30 am when hotel staff came in to shut down the party. Myself and several other core Monero team members stayed for the next hour or so cleaning up the hundreds of beer cans and cups. I was very impressed with the way our team handled the hotel staff who insisted on kicking everyone out with no exceptions but managed to reach a compromise where those cleaning were not escorted out. It was nice to see the emergent teamwork and collective synergy that our group displayed. We represent the Monero community. It is of the upmost importance that we present a professional, respectful, and dignified image of the Monero community. We will be back at Caesar's Palace, let's leave a good impression. The night ended and I went home. Sunday morning Monero Village talks included a deep dive into crypto attack vectors with u/SarangNoether, an exploration of various groups within the crypto ecosystem with u/midipoet, and an overview of the Monero Community with u/SamsungGalaxyPlayer. I had a wonderful opportunity to continue the conversation with many of the people I spoke with at the party and expand on the Sunday presentations before DefCon ended at 2 pm. Several of us decided that we were going to first grab some lunch at In'N Out before heading to the Flamingo to hang out at the pool and play blackjack. The Flamingo Casino In-N-Out Pool at the Flamingo The Three Monero's chillin at the pool (I'm in the middle) Just before sunset we all headed back to u/needmoney90's hotel at the Wynn to grab some food and gamble since it turns out the blackjack table was closed at the Flamingo pool. Somehow we had perfect timing and caught this awesome view from u/needmoney90's hotel. Sunday Night Sunset (photo courtesy of u/SamsungGalaxyPlayer) Fluffy ponies at the Wynn Sunday Night Dinner at the Wynn We played Roulette for a while after dinner and I was too tired to continue the night but the rest of the guys played Poker until 4 am or something. There were plenty more pictures that I couldn't include in this post because Reddit has a max of 20 images per post and Imgur is being difficult. So, if you would like to see more pictures and stay updated with me and my Monero adventures, follow me on my new Twitter and Instagram accounts. I'll be adding content from my recent travels to Belgium and the Ukraine in addition to more Vegas photos. Until my next adventure... https://twitter.com/realXeagu https://www.instagram.com/realXeagu/ |
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Questions | Answers |
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Is timing ever important when booking rooms? I know the day before a flight takes off, rates sometimes drop dramatically so that all seats are sold. | Timing is hard! |
If a convention drops out last minute, we have to drop the rates to fill the rooms they had blocked off. | |
A prime example is the Mayweather vs Pacquiao fight weekend. | |
The fight was announced and we sold out all of our hotels because reservations were coming in like crazy. We couldn't control it. So we opened up one room type at a stupid rate, $1,600 per night. Reservations were still coming in. HOWEVER, no tickets for the fight had been released or even available to the public. People were booking without tickets (a stupid decision if you ask me). Once tickets were released to the public, a few days before the fight, everyone cancelled their rooms. Rates were $1,000 one minute then down to $100 the next. We knew that is was going to happen, but we didn't know how many tickets would be released etc. It was a clusterfuck of a weekend for sure. | |
This is the best representation of that from the fight weekend: Link to i.imgur.com | |
Did you ever make mistakes the other way, like posting rooms for $1.07, and if so did the property honor those rates? On average, what percentage of room inventory is usually booked vs. sitting empty? | Mistakes are made constantly! We also audit constantly to catch them. |
My worst mistake was setting a suite to $66/night for Friday and Saturday over EDC Weekend. The rate should have been $660. It wasn't caught until the next day. Because it went out to our OTA's, over 1,000 reservations came in for that suite - that hotel didn't even have 1,000 of that room type. When those guests checked in, they were most likely moved to a lower level room with inventory. However, we will try and accommodate. | |
It totaled over $120,000 in lost revenue. | |
Rates won't go out that low. We have some parameters in place to prevent that. For example, the hotel that I screwed up - the lowest possible rate at that hotel was $55 - so they system didn't catch a $66 rate. Anything below $55 wouldn't have gone out. | |
Isnt it cheapest to use priceline? Plane ticket and hotel packages always seem to be a few hundred less and you can still get FF miles. | Airlines are a bit different. They can wholesale their rates to OTAs. We give Priceline an amount, then the airline gives them an amount, then Priceline adds those values together for your "Package Deal". Our wholesale rates to OTAs are the same across the board, it's the airlines that fuck it up. |
Little do people know that the hotel chains have those Air + Hotel too! | |
Link to www.mgmresortsvacations.com | |
Link to totalrewardsvacations.com | |
Our "Package Deal" rates are anywhere from $0 - $20/nt off what the standard rate is. I think it's always best to search around and book separate. | |
Have you ever accomodated a top celebrity? | Very rarely will we know when we do. |
Most celebrities stay under an alias or a managers name. Ariana Grande uses a different fake name EVERY TIME - which makes it a pain for our VIP Staff/Butlers. | |
Celebrities/Presidents/Politicians do not get special room rates - but they may get a room that isn't offered. For example, Jamie Foxx was put into a suite when they were 'sold out' to the public. The booking of these high status guests are usually handled by foreign affairs or an executive VIP agent. | |
What software do you use to help decide prices? How much human judgement is there in the process? | There's a lot of human judgement! |
The problem with current hotel revenue management systems is that they don't recognize sister properties. | |
So if we had to walk 500 people from one property to another, the system can't recognize that and adjust accordingly. | |
We mainly use Excel and SAS. Analysts stay with properties for a long time then learn how a hotel books. We have a lower end hotel on the strip that will have 50% occupancy then over night be at 110%. | |
So if we had to walk 500 people from one property to another. | A walk is when we 'walk' someone to another property. We book our hotels OVER 100% occupancy because we expect a 10% no-show rate. However, sometimes that 10% shows up. So we have to find available rooms for them at another property. We give them their room at the other property free and offer a generous F&B credit. We pay for the taxi ride and bellmen to deliver their luggage. |
What hotel would you suggest for someone who's never been to Vegas and on a budget? My friends just got back from Vegas yesterday and I always wanted to go. Also, what attractions would you suggest and see(unless its absolutely must see?) | If you're on that much of a budget, look at staying downtown! Downtown has some really awesome hotels - The D is my favorite. |
On strip, just remember, you are getting what you pay for. If you book the $20 room at Circus Circus, know you'll be in the detached motel rooms and have a terrible time. If you can pony up and stay at a place like New York-New York or Planet Hollywood, your experience will be much better. | |
I highly suggest Absinthe at Caesars Palace! It's my all time favorite show. I'd see it over and over again. | |
What about near the strip but still near the places you wanna go? | You should check out Wyndham Grand Desert. It's off strip, no resort fee, and offers a free shuttle. Their two bedroom suites usually go for $180/nt - which on strip would be upwards of $300+. |
How did you work your way into hospitality revenue management in Vegas? Kudos to you for doing so in such a competitive town in terms of that industry! | Vegas is a very competitive industry - especially Revenue Management. Revenue Analysts jump all over the city though, so it's a very small group of people who know each other. |
I was a hotel engineer before! I went to room calls and fixed things. | |
RM is about problem solving really, and I learned how to trouble shoot from engineering. | |
I also met a high level executive on Grindr and talked with him for months - which I believe may have helped me. I never met him until I started the job. | |
What is the best luxury hotel that wont make your wallet bleed in Las Vegas? Is there any Kimpton hotels in Vegas? | No Kimton's (according to their website). |
Personally, I love Mandalay Bay. The room rates are very decent. The rooms just finished a remodels and are quite big for standard hotel rooms. Plus you have the amazing beach, wave pool, lazy river, Foundation Room at the top, and concerts galore. | |
Just keep in mind - you get what you pay for =] | |
Any notable stories of people claiming ridiculous reservations that were never actually offered? Alternatively, what is the oldest coupon you had to accept? | We have a woman that books 5 or 6 high level suites at our most luxury property. She books them on the most expensive dates a few months out, then always cancels them the week before. We've never seen her come in and she has never stayed. It's like she was trying to have us hold $20K for her, then refund her. We've reported it, but not sure what's happened. |
There isn't a non-refundable deposit for that? Or is she cancelling early enough to avoid penalties? | Canceling early enough - you're reservation is refundable up to 2 to 3 days before! |
In my experience, when push comes to shove, the hotel must deal with the entities that booked the room, which technically isn't you. I flew into NYC one time and had to deal with someone in Fiji to get my rental car released because I switched airports | When you book with an online travel agent (OTA), you are not a guest of the hotel - you're a guest of the OTA. The hotel really can't do anything for you - you are faced with the burden of contacting the OTA on your own. |
Rates must be the same due to contracts with OTAs. Some OTAs may experience downtime or lag which will show a different in rates between OTAs. But when you click 'Book Now', the site will re-cache and your rates will update. | |
Do you know if most resorts do a price watch? I.E. If we book and rates drop would they drop or do they remain the same? | Rates fluctuate quite often. If you book and prices drop, your prices will stay the same. However, if you call in, Im sure a reservations agent would adjust them down. Cause if you're outside of the cancellation window, you can just cancel your room and re-book at a lower price. |
Why don't the hotels cater to locals (or do they?) in an effort to get better viral marketing? I travel quite a bit for work, and every time I get on a plane to come home, the person sitting next to me immediately start asking me for recommendations for shows to see, hotels to stay at etc. | We do market to locals, and all of our hotels have local discounts. Vegas locals get room discounts, discounts on restaurants, 50% off show tickets, and a ton more. |
Living in Vegas is great because they really do appreciate the locals. Over half of this city works in the hospitality industry, so they keep us happy! | |
Is there a secret handshake or sign up page? Aside from the offer that Cirque runs each year, I've never seen locals offers advertised. | Link to www.mgmresorts.com |
Link to www.caesars.com | |
How can I snag a deal? | See my original post. |
Sign up for the guestbook, follow the social media accounts, and Google! But remember, always book direct. | |
November and December also have the best rates as it is the slower season. | |
Why booking direct? I haven't tried specifically in Vegas, but I have definitely seen hotels cost more on their website then on a site like hotwire/expedia/priceline. | Because Online Travel Agents (OTA's) get a commission off bookings around 15%. So for a $100 room night, we would give an OTA $15. And when you book though an OTA, you are a guest of theirs, not the hotels. Kinda strange right? |
The hotel receives NO information about you other than your name, room type, and check-in/out dates. Have a problem with your reservation? The hotel can't do anything. |
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