Room rates on the Las Vegas Strip during this year’s Formula One Las Vegas Grand Prix weekend at the top two resort companies are mixed compared with last year.
The average three-night room rate at MGM Resorts properties on Las Vegas Boulevard are higher for this year’s race weekend than last around the first week of November, while Caesars Entertainment’s rates are running lower than a year prior, according to online room rates of the two companies tracked by the Las Vegas Review-Journal.
The lowest available room rates at the nine MGM Resorts properties are averaging $1,624.08 for Nov. 20-23, up 24 percent from the 1,314.72 average seen during the first week of November leading up to last year’s race.
