With four concerts by K-pop band BTS, the National Association of Broadcasters trade show and the National Football League Draft on Las Vegas’ event calendar in the next three weeks, the city’s resorts are gearing to capitalize financially.
Average daily room rates during the days of those events are four to five times higher than April 2021’s average rate. Some hotels are asking more than $1,000 a night for a stay.
A survey of room rates listed on hotels.com determined that the average rate among 58 properties for Friday and Saturday – the dates of the first two of four concerts by the popular Korean boy band – was $476.38 a night.