Las Vegas Rooms Predicted to Average $573 for Super Bowl Weekend

Posted on: January 30, 2024, 10:26h. 

Last updated on: February 3, 2024, 01:04h.

Ed Silverstein @casinoorgedsilv Read More

Expertise: Legal, Tribal Gaming.

The average daily rate for Las Vegas hotel rooms will be $573 during Super Bowl LVIII weekend, according to new projections.

That’s the highest amount for any Super Bowl weekend on record, according to STR, a data analysis firm covering the hospitality sector.

The Super Bowl’s unique volume of demand, driven by not only the game but the leadup festivities, as well as the attractions Las Vegas has to offer, is the perfect recipe to drive record-breaking prices,” Chris Klauda, STR’s senior director of market insights, said on Monday.

In addition, Truist Securities analyst Barry Jonas recently predicted that the Las Vegas Strip rates may hit a record with the Super Bowl.

Priceline, the online travel booking site, recently has seen a 33% surge in hotel searches for Las Vegas for the Super Bowl booking period.

Consider Neighboring Communities

The higher prices and increased demand for Las Vegas hotel rooms lead some visitors to look at neighboring communities for their stays between February 9 and 11.

If you want to save money or avoid the crowds, consider staying nearby,” Priceline Consumer Travel Expert Christina Bennett told Casino.org. These locations include North Las Vegas, Boulder City, and Henderson, she said.

Priceline recommends hotel rooms be booked ASAP wherever tourists stay to get lower prices. Flights should also be booked soon for those flying into Las Vegas, given the demand.

Based on current predictions from the Las Vegas Convention and Visitors Authority (LVCVA), more than 330K visitors are expected for the game and the days leading up to the iconic event.

Airport Travel Suggestions

Many Super Bowl tourists are expected to fly into Harry Reid International Airport.

“We do expect the airport to be busy leading into that weekend, though a bit more spread out as fans arrive throughout the week,” Joe Rajchel, the Las Vegas airport’s public information administrator, told Casino.org.

He says the Monday after the game at the airport is likely to be “very busy, as fans depart.”

To handle the increased volume, the airport is using what it calls the “4-3-2-1 plan.”

This includes:

• 4 Hours Before Departure: Start planning your trip to the airport, look at traffic conditions and average wait times for rideshares. Return your rental car.
• 3 Hours Before Departure: Arrive at the airport. Check your bags.
• 2 Hours Before Departure: Get in line at the security checkpoint.
• 1 Hour Before Departure: Be at the gate, ready to board.

Fun Economy for Vegas

Sunday, February 11, will be Las Vegas’ first time hosting the Super Bowl, and UNLV’s Alan Feldman, Distinguished Fellow, Responsible Gaming, at the International Gaming Institute, told Casino.org that “Las Vegas is perfectly suited to handle special events like these.

We can handle tens of thousands of guests, all within a mile or two of virtually every major venue on the Strip. No other city in the world can touch this convenience and access,” said Feldman, who formerly worked for decades at MGM Resorts.

He also said the Super Bowl is a prime example of what he describes as the “fun economy.” That includes sports, entertainment, and tourism combined.

Kickoff for the Super Bowl is at 3:30 p.m. PT at Allegiant Stadium. The game will feature the Kansas City Chiefs vs. the San Francisco 49ers, and Usher will be the halftime performer.