Las Vegas Hotel Rates Slowly Coming Down

Las Vegas hotel rates on the Strip have shown a steady decline through 2025, despite marketing efforts by the Las Vegas Convention and Visitors Authority (LVCVA) to counter the city’s growing reputation for high prices. According to a recent report from Truist Securities, the ongoing promotional campaigns have had only a modest effect on reversing weakening demand. The firm’s latest survey found that average daily rates across the Las Vegas Strip fell about 5 percent year-over-year. The decline was more pronounced for major resort operators, with room prices down 7 percent at MGM Resorts International properties and 17 percent at…

Vegas Room Rates on the Rise

Why are Las Vegas room rates predicted to rise more than average this year? And how can the average traveler save when visiting Sin City? We’ve got the reasons for the predicted price hikes this summer, and some suggestions for how to visit Vegas on a budget! Tropicana Las Vegas officially closed back in April, and this week the Mirage is shutting their doors as they transition to the Hard Rock. And believe it or not, both Caesars and MGM are set to profit from these resort closures. This week, Bally’s applied for an implosion permit from Clark County officials,…