Las Vegas ADR & Occupancy Rate
The average daily hotel room rate (ADR) in Las Vegas was $134 in March. 93.4% of hotel rooms available were occupied by people who paid or got the room for free from a players club offer. If you look at the chart there has been a huge spike in both occupancy and ADR this year.
Expect room rates to continue to soar in the short-term. Delano Las Vegas, SLS Las Vegas and The Cromwell can’t open their hotel rooms soon enough. Hopefully the flood of hotel rooms will keep room prices stable.
Photo: @MyResearcher
The following two tabs change content below.
Las Vegas Writer, Marketer, Consultant. I love Vegas and everything about it. When in Vegas do 3 things: eat, drink & gamble.
Latest posts by Marc (see all)
- Flamingo Las Vegas Opens Gordon Ramsay Burger in Summer 2024 - November 17, 2023
- Red Rock Casino Resort and Spa to Welcome Philadelphia Favorite, Federal Donuts and Chicken in Early 2024 - November 9, 2023
- Caesars Palace Las Vegas Unveils Newly Renovated Colosseum Tower - November 9, 2023