The average daily hotel room rate (ADR) in Las Vegas was $134 in March. 93.4% of hotel rooms available were occupied by people who paid or got the room for free from a players club offer. If you look at the chart there has been a huge spike in both occupancy and ADR this year.
Expect room rates to continue to soar in the short-term. Delano Las Vegas, SLS Las Vegas and The Cromwell can’t open their hotel rooms soon enough. Hopefully the flood of hotel rooms will keep room prices stable.
Latest posts by Marc (see all)
- Don’t Make These Common Blackjack Basic Strategy Mistakes - June 23, 2017
- How to Beat the Heat in Vegas - June 22, 2017
- There Are Plenty Of Las Vegas Suite Hotels - June 21, 2017