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The Las Vegas Strip Faces a Massive Problem It Created – Image Credit Unsplash
Excerpt from The Street
Fewer people are visiting the Las Vegas Strip and it’s easy to see why.
Once upon a time, Las Vegas was celebrated as a bargain destination — cheap rooms, budget meals, and free attractions. But much like Disney World, the Las Vegas Strip has become so costly that even travelers who love these popular destinations are balking.
According to the Las Vegas Convention and Visitors Authority, visitor numbers in early 2025 fell short of expectations, with bookings described by gaming recruiter Mark Wayman as “the worst I’ve ever seen,” per SF Gate. At Harry Reid International Airport, domestic air traffic dropped 4% in the first half of 2025 compared to 2024, according to the Las Vegas Review-Journal.
Rising prices on Las Vegas Strip may deter visitorsThrough-the-roof room rates
From 2015 to early 2025, average nightly room rates for Las Vegas Strip hotels climbed from about $124 to roughly $210 — an increase of nearly 70%, according to MorningStar.
In January 2025, average rates approached $200 a night at MGM and Caesars properties, reflecting steady year-over-year growth.
The average room rate for a hotel on the Las Vegas Strip overall is $214, according to Kayak, although it’s possible to find decent deals if you’re visiting mid-week vs. a weekend. The sheer number of special events, including concerts, NFL and NHL games, plus F1 can also make room rates volatile.
Las Vegas resort fees shock visitors
The room fee is one thing, but what travelers often don’t realize until check?out is the “resort fee” — a mandatory add-on that can turn advertised deals into sticker shock. On the Strip, resort fees typically range from $45 to $55 per night before tax, climbing to around $62 with tax at luxury properties like Aria, Bellagio, Wynn, and Resorts World
That means even a $129 room can cost $190 or more. Of 90 surveyed hotels in 2025, the average resort fee was $40.04 before tax — an 11% increase year-over-year.
Click here to read complete article at The Street.
