Roughly 340,000 people are expected to converge on Las Vegas for the kickoff of the National Finals Rodeo, and they are causing room rates to buck.
The average daily room rate for the first weekend of NFR, which begins Thursday night at the Thomas & Mack Center, is just shy of $400 a night.
While that isn’t as high as the eye-popping rates for the Formula One Las Vegas Grand Prix, which drifted between around $650 to $1,500 a night leading up to the inaugural event last month, it substantially exceeded December 2022’s average rate of $176.71 reported by the Las Vegas Convention and Visitors Authority.
