Spending Christmas in Las Vegas 🎄

I stayed for several nights, and the overall experience at Wynn / Encore clearly stands out compared to other major casinos in Vegas. Whether it's the dining quality, the concentration of luxury brands, or the overall atmosphere and service in the casino, they’re definitely a step above Bellagio and Venetian.🏨 Caesars Palace was decent overall, with its biggest highlight being one of only three Peter Luger Steakhouse locations worldwide—truly an iconic spot.🌟 From the perspective of luxury goods as "assets," the comparison is quite interesting: Hermès Birkin: Since its commercialization in 1984, it has delivered a long-term CAGR of around 5%. Top-tier rosewood / Hainan huanghuali: From 2006 to now, annualized returns have been approximately 23%.🏨 S&P 500: Since 1926, long-term annualized returns have ranged between 7%–9%. The common thread among these assets is clear: controlled supply + stable long-term demand, making them closer to "assets" rather than just consumer goods.🌟 As for the LV / Rene Caovilla / Tiffany I happened to browse—those are purely consumption. Day 1 depreciation is about 30%–50%, and the frequency of such purchases is measured in years. #Hotels #Travel #InternationalTravel 🏨✈️