6, 2021, and the average room rate previously. The list below includes the base rate for Jan. It currently appears to be about $45 to $50 (midweek) for January. The average daily room rate in January 2019 was $156.53 and $150.45 in January 2018. The average room rate in October 2020 was $104, which was 23% below the same month in 2019 when it was $143.Ī quick check of rates on revealed the cost of hotel rooms in Las Vegas have been slashed as much as 50-70% at some properties for the first week of January. It has resulted in the loss of jobs, closure of hotels and casinos, closure of shows on the Las Vegas Strip, loss of large conventions like CES in January, reduced capacity at restaurants and bars etc.Īccording to the Las Vegas Visitors and Convention Authority, the visitor count for the month of October (the last month that numbers are available for) was down 49.4% from 2019. The coronavirus pandemic has hit Las Vegas hard. RELATED: Mirage extends midweek hotel closures to casino, restaurants LAS VEGAS (KTNV) - A handful of major hotel-casinos have recently announced midweek closures as they wait out the pandemic.
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