The tech industry will be in Las Vegas next week — and with it, costlier hotel rooms.
CES, the annual electronics trade show that begins Jan. 5, is expected to bring 100,000 attendees, including about one-third of international visitors, to the four-day event. And demand for hotel rooms during the convention is driving up prices.
The week after a holiday can often be a slow period for resorts, but with New Year’s Eve falling on a weekend, it leads straight into CES with additional conventions following behind.
“It’s typically a great start to the year,” Brendan Bussmann, analyst with Las Vegas-based B Global, said. “You’re coming off a high of New Year’s and then with CES, World of Concrete and others, it’s a more normal convention calendar.”
