LVCVA bumping up convention center space rental rates in 2026

Wednesday, September 13, 2023 9:13 PM
  • Richard N. Velotta, Las Vegas Review-Journal

The Las Vegas Convention and Visitors Authority board of directors on Tuesday authorized rate increases for convention center space that will generate more than $5 million in additional revenue by 2030.

The new rate will begin Jan. 1, 2026, and increase by a penny per year through 2030. The LVCVA currently charges 35 cents a square foot per exhibit day. That will increase to 36 cents on Jan. 1, 2026, and advance annually to 40 cents a square foot by Jan. 1, 2030.

Even with the new rates, which are going up as crews complete a $600 million renovation to the convention center’s North, Central and South halls by 2025, the Las Vegas rates will be less expensive than most of the nation’s major convention centers.