I usually go into the weekend with one or two pages of notes with the Las Vegas news. There are three pages of fun today. There’s a lot of information this week, so buckle up! I’ll try to keep everything short, sweet and easy to read.
Average Daily Hotel Room Prices In Las Vegas Break Record. The average daily room rate is the average of all Las Vegas hotels from every day of the week and does not include resort fees, parking fees, or taxes. So, while a midweek room in downtown Las Vegas might have been $30, a hotel room during CES on the Vegas Strip might have cost $270. Together the prices of the hotel rooms averaged $150 each.
Casino-resorts are what stir the drink for just about everything in Las Vegas. On the Vegas Strip and around town, these properties not only offer hotel rooms to sleep in but casinos for gambling, malls for shopping, bars for drinking, restaurants for eating and so forth. Everything else you can find in Las Vegas is just a bonus.
Last week various casino operators shared the stage. Quarterly earnings reports can often contain interesting news.