The Las Vegas Strip, already named the most economically productive street, is lighting it up the weekend and going forward for weeks to come. Strip Room rates are surging. Las Vegas Strip Resorts are expecting plenty of guests this weekend as the region welcomes a full calendar of special events happening on and near the Las Vegas Strip. Last-minute travelers, on average, should expect to pay more than $600 per night at properties on and near the Strip. Hotels and Motels are preparing for a surge of tourists for the "WHEN WE WERE YOUNG FESTIVAL"— a three-day music jubilee on Saturday, Sunday and Oct. 29 — at the Las Vegas Festival Grounds. A spokesperson for When We Were Young estimated that 60,000 attendees will be at the inaugural punk and emo festival, bringing bands from the early 2000s.
The highly-anticipated festival sold out quickly when tickets were released in January — though resale tickets are still available. It garnered attention for its all-star lineup that includes headliners My Chemical Romance and Paramore. Other performances include Avril Lavigne, Jimmy Eat World, Dashboard Confessional, Pierce the Veil and A Day to Remember. Sports fans will also be in town. The Golden Knights are facing off against the Colorado Avalanche on Saturday night, and the Las Vegas Raiders welcome the Houston Texans on Sunday afternoon, following a weekend off for the home team’s bye week. Other weekend events planned are the Las Vegas Book Festival in downtown Las Vegas, Las Vegas Tattoo Show at Planet Hollywood Resort and Lionel Richie who will be performing Saturday at Wynn Las Vegas for his show “Lionel Richie: Back to Las Vegas.”
A survey of room rates listed on hotels.com conducted Thursday afternoon showed the average rate among 28 hotel-resort properties around the Las Vegas Strip was $646.14 a night, for a two-night stay starting Friday. Some of the highest rates were seen at The Cosmopolitan of Las Vegas, $740 a night; Caesars Palace, $749; Delano Las Vegas, $929; Wynn Las Vegas and Encore, $1,034 each; and $1,099 for a room at Four Seasons. The lowest rate offered was $374 at The Venetian.