Las Vegas room rates hit all-time high in October

Las Vegas room rates hit all-time high in October

Article brief provided by Las Vegas Review-Journal
  • Richard N. Velotta , Las Vegas Review-Journal
November 30, 2022 2:33 PM
  • Richard N. Velotta , Las Vegas Review-Journal

Las Vegas tourists paid the highest hotel rates in history last month, and the number of visitors nearly matched pre-pandemic 2019 levels, the Las Vegas Convention and Visitors Authority reported Tuesday.

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An estimated 3.6 million people visited Southern Nevada in October, 7.3 percent ahead of last year and just 0.8 percent off October 2019.

Visitors paid an average daily room rate of $209.89, breaking a record that stood for only one month. In September, the LVCVA reported average room rates of $187.18 a night.

The LVCVA reported visitors paid an average of $225.69 a night on the Strip and $117.51 in downtown Las Vegas. The average rate was 20.8 percent more than a year ago and 55.1 percent more than in October 2019.