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)
- 2018 World Series Of Poker schedule and details announced with a few changes - December 13, 2017
- 5 fun Holiday things to do in Vegas - December 13, 2017
- Your Complete Guide To Betting On The Vegas Golden Nights - December 13, 2017