Las Vegas is the place to be for the 2022 4th of July but you will be paying a little more. Room rates for this year’s Independence Day holiday weekend are running about 60 percent higher than July 2021’s average daily room rate. A survey of room rates for July 2-5 conducted Wednesday indicated the average price of a hotel room in Las Vegas for the Fourth of July weekend is $201.92 a night. The American Hotel & Lodging Association (AHLA) indicated that Fourth of July is the summer holiday when most people are expected to travel, with 32 percent, compared with 25 percent for Memorial Day and 27 percent for Labor Day. The Fourth of July falls on a Monday this year, and it’s anticipated that travelers coming to Las Vegas would take advantage of that day being a full day off work. The Las Vegas Convention and Visitors Authority reported the average daily room rate for the month of July 2021 was $127.90 a night. That month kicked off what was to become a steady increase in hotel room rates that has continued through April. Rates in April, $177.12 a night, were the highest on record for Southern Nevada. Individual properties monitor supply and demand regularly, so rates for the Fourth of July could potentially rise more or fall, depending on the visitation outlook. Las Vegas properties were surveyed, resulting in, nine with rates below $100 a night, with the lowest at $48 offered at the Days Inn Wild Wild West property on Tropicana Avenue. We are currently completing a survey 4 part report on how to enjoy Las Vegas for less, starting tomorrow...
